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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 2,632 people, 933 houses or apartments, and a median cost of homes of $260,242, Apalachin real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Apalachin, accounting for 85.44% 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 ( 11.30%), large apartment complexes or high rise apartments ( 1.73%), and a few mobile homes or trailers ( 1.53%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Apalachin. Owner-occupied housing accounts for 77.21% of Apalachin's homes, and 69.14% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Apalachin built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Apalachin built between 1940-1969 ( 31.77%). A lesser amount of the housing stock also hails from before 1939 ( 21.28%). There's also some housing in Apalachin built between 2000 and later ( 1.83%).
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 5.59% during the period.
Appreciation rates are so strong in Apalachin that despite a nationwide downturn in the housing market, Apalachin real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Apalachin appreciation rates continue to be some of the highest in America, at 11.11%, which is higher than appreciation rates in 97.36% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Apalachin. Apalachin appreciation rates in the latest quarter were at 8.59%, which equates to an annual appreciation rate of 39.07%.
Importantly, this makes Apalachin one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to New York, our data show that Apalachin's latest annual appreciation rate is higher than 70% of the other cities and towns in New York.
$260,242
for New york
for nation
933
$2,046 / per month