Apalachin, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Apalachin, 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

Apalachin Housing Market Information

With a population of 1,101, 515 total housing units (homes and apartments), and a median house value of $111,603, house prices in Apalachin are solidly below the national average.

Single-family detached homes are the single most common housing type in Apalachin, accounting for 64.30% of the town's housing units. Other types of housing that are prevalent in Apalachin include duplexes, homes converted to apartments or other small apartment buildings ( 23.50%), large apartment complexes or high rise apartments ( 10.38%), and a few mobile homes or trailers ( 1.82%).

The most prevalent building size and type in Apalachin are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 62.62% owning and 37.38% renting.

The housing in Apalachin was primarily built before 1939 ( 34.97%), making the housing stock in Apalachin some of the oldest overall in America, although there is a range of ages of homes in Apalachin. The next most important housing age is between 1940-1969 ( 32.42%), followed by between 1970-1999 ( 24.95%). There's also some housing in Apalachin built between 2000 and later ( 7.65%).

Apalachin Home Appreciation Rates

Real estate appreciation rates in Apalachin's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.75% during the period.

Over the last year, Apalachin appreciation rates have trailed the rest of the nation. In the last twelve months, Apalachin's appreciation rate has been -7.57%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Apalachin were at -2.87%, which equates to an annual appreciation rate of -11.00%.

Notably, Apalachin's appreciation rate in the latest quarter is one of the lowest in America.

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

Average Home Values

 

Median Home Value:
$111,603

Apalachin, NY HOME PRICES

Value Range
> $909,000 0.4
$682,001 - $909,000 0.0
$454,001 - $682,000 0.4
$364,001 - $454,000 0.4
$273,001 - $364,000 3.2
$182,001 - $273,000 11.6
$91,001 - $182,000 50.7
$45,001 - $91,000 28.7
$0 - $45,000 4.5

Low for NY
Low for Nation

Value Relative to Nation Value Relative to State
70.4265791632486 76.5432098765432

Number Of Homes And Apartments:
515

Apalachin 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
36.92% 1.84% 2 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$759 / per month

Homeownership Rate

Homeownership
Owners 62.62
Renters 37.38
Vacant 6.19

Housing Market Details

 

Age of Homes

AGE OF Apalachin HOMES
2000 or Newer 7.7
1970 - 1999 25.0
1940 - 1969 32.4
1939 or Older 35.0

Types of Homes

TYPE OF Apalachin HOMES
Single-Family 64.3
Townhomes 0.0
Small Apt. Buildings 23.5
Apt. Complexes 10.4
Mobile Homes 1.8
Other 0.0

Home Size

SIZE OF Apalachin HOMES
No Bedroom 0.00
1 Bedroom 13.48
2 Bedrooms 21.13
3 Bedrooms 51.00
4 Bedrooms 10.75
5 or more bedrooms 3.64

Popular Neighborhoods in Apalachin

Zip Codes in Apalachin, NY