Albertson, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Albertson Neighborhoods Since 2000




Albertson, NY Real Estate Data


Albertson Housing Market Information

With 5,241 people, 1,773 houses or apartments, and a median cost of homes of $610,675, Albertson house prices are not only among the most expensive in New York, Albertson 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 Albertson, accounting for 95.64% of the town's housing units. Other types of housing that are prevalent in Albertson include large apartment complexes or high rise apartments ( 3.45%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Albertson. Owner-occupied housing accounts for 96.45% of Albertson's homes, and 80.08% 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. Albertson's housing was primarily built during this period, from the '40s through the '60s. A full 73.24% of the town's housing hails from this era. Other housing ages represented in Albertson include homes built before 1939 ( 14.32%) and housing constructed between 1970-1999 ( 10.23%). There's also some housing in Albertson built between 2000 and later ( 2.21%).

Albertson Home Appreciation Rates

Real estate appreciation rates in Albertson's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 0.16% during the period.

Over the last year, Albertson appreciation rates have trailed the rest of the nation. In the last twelve months, Albertson's appreciation rate has been 3.88%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Albertson were at 1.43%, which equates to an annual appreciation rate of 5.85%.

Relative to New York, our data show that Albertson's latest annual appreciation rate is higher than 60% of the other cities and towns in New York.

Average Home Values

 

Median Home Value:
$610,675

Albertson, NY HOME PRICES

Value Range
> $1,169,000 3.0
$877,001 - $1,169,000 8.1
$584,001 - $877,000 40.2
$468,001 - $584,000 26.8
$350,001 - $468,000 16.0
$234,001 - $350,000 2.7
$117,001 - $234,000 1.2
$58,001 - $117,000 0.4
$0 - $58,000 1.6

Very High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
3.98781987468525 10.9988776655443

Number Of Homes And Apartments:
1,773

Rent & Ownership

 

Average Market Rent:
/ per month

Homeownership Rate

Homeownership
Owners 96.45
Renters 3.55
Vacant 4.52

Housing Market Details

 

Age of Homes

AGE OF Albertson HOMES
2000 or Newer 2.2
1970 - 1999 10.2
1940 - 1969 73.2
1939 or Older 14.3

Types of Homes

TYPE OF Albertson HOMES
Single-Family 95.6
Townhomes 0.0
Small Apt. Buildings 0.9
Apt. Complexes 3.4
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Albertson HOMES
No Bedroom 0.00
1 Bedroom 2.37
2 Bedrooms 12.01
3 Bedrooms 35.92
4 Bedrooms 44.16
5 or more bedrooms 5.55

Albertson Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NY*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
84.18% 3.66% 9 9
* 10 is highest