Airmont, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Airmont Neighborhoods Since 2000




Airmont, NY Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Airmont Housing Market Information

With 8,891 people, 2,730 houses or apartments, and a median cost of homes of $512,113, Airmont house prices are not only among the most expensive in New York, Airmont real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Airmont, accounting for 79.58% of the village's housing units. Other types of housing that are prevalent in Airmont include large apartment complexes or high rise apartments ( 16.56%), duplexes, homes converted to apartments or other small apartment buildings ( 2.30%), and a few row houses and other attached homes ( 1.25%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Airmont. Owner-occupied housing accounts for 72.79% of Airmont's homes, and 65.39% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Airmont's housing was primarily built during this period, from the '40s through the '60s. A full 40.10% of the village's housing hails from this era. Other housing ages represented in Airmont include homes built between 1970-1999 ( 38.61%) and housing constructed between 2000 and later ( 10.68%). There's also some housing in Airmont built before 1939 ( 10.61%).

Airmont Home Appreciation Rates

Real estate appreciation rates in Airmont's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.53% during the period.

Appreciation rates are so strong in Airmont that despite a nationwide downturn in the housing market, Airmont real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Airmont appreciation rates continue to be some of the highest in America, at 7.67%, which is higher than appreciation rates in 85.14% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Airmont. Airmont appreciation rates in the latest quarter were at 0.66%, which equates to an annual appreciation rate of 2.68%.

Relative to New York, our data show that Airmont's latest annual appreciation rate is higher than 90% of the other cities and towns in New York.

Average Home Values

 

Median Home Value:
$512,113

Airmont, NY HOME PRICES

Value Range
> $1,135,000 0.9
$851,001 - $1,135,000 8.2
$567,001 - $851,000 25.6
$454,001 - $567,000 34.9
$340,001 - $454,000 23.2
$227,001 - $340,000 4.4
$114,001 - $227,000 1.2
$56,001 - $114,000 0.9
$0 - $56,000 0.5

Very High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
5.65451775459979 16.0493827160494

Number Of Homes And Apartments:
2,730

Airmont Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NY*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
76.77% 3.36% 9 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,493 / per month

Homeownership Rate

Homeownership
Owners 72.79
Renters 27.21
Vacant 5.04

Housing Market Details

 

Age of Homes

AGE OF Airmont HOMES
2000 or Newer 10.7
1970 - 1999 38.6
1940 - 1969 40.1
1939 or Older 10.6

Types of Homes

TYPE OF Airmont HOMES
Single-Family 79.6
Townhomes 1.3
Small Apt. Buildings 2.3
Apt. Complexes 16.6
Mobile Homes 0.3
Other 0.0

Home Size

SIZE OF Airmont HOMES
No Bedroom 4.63
1 Bedroom 7.51
2 Bedrooms 10.50
3 Bedrooms 31.13
4 Bedrooms 34.26
5 or more bedrooms 11.97