Arcade, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Arcade Neighborhoods Since 2000




Arcade, 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

Arcade Housing Market Information

With 1,986 people, 944 houses or apartments, and a median cost of homes of $116,011, house prices in Arcade are solidly below the national average.

Single-family detached homes are the single most common housing type in Arcade, accounting for 63.03% of the village's housing units. Other types of housing that are prevalent in Arcade include duplexes, homes converted to apartments or other small apartment buildings ( 21.91%), large apartment complexes or high rise apartments ( 12.64%), and a few row houses and other attached homes ( 2.41%).

The most prevalent building size and type in Arcade are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 60.61% owning and 39.39% renting.

The housing in Arcade was primarily built before 1939 ( 49.03%), making the housing stock in Arcade some of the oldest overall in America, although there is a range of ages of homes in Arcade. The next most important housing age is between 1970-1999 ( 22.01%), followed by between 1940-1969 ( 16.70%). There's also some housing in Arcade built between 2000 and later ( 12.26%).

Arcade Home Appreciation Rates

Appreciation rates for homes in Arcade have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 0.63%, which ranks in the top 50% nationwide. This equates to an annual average Arcade house appreciation rate of 0.06%.

Over the last year, Arcade appreciation rates have trailed the rest of the nation. In the last twelve months, Arcade's appreciation rate has been -0.32%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Arcade were at -0.56%, which equates to an annual appreciation rate of -2.23%.

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

Relative to New York, our data show that Arcade's latest annual appreciation rate is lower than 80% of the other cities and towns in New York.

Average Home Values

 

Median Home Value:
$116,011

Arcade, NY HOME PRICES

Value Range
> $1,057,000 0.0
$793,001 - $1,057,000 1.7
$528,001 - $793,000 1.0
$423,001 - $528,000 0.8
$317,001 - $423,000 0.0
$211,001 - $317,000 8.8
$106,001 - $211,000 42.4
$53,001 - $106,000 27.7
$0 - $53,000 17.7

Low for NY
Low for Nation

Value Relative to Nation Value Relative to State
67.7253017696004 74.5230078563412

Number Of Homes And Apartments:
944

Arcade 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
29.93% 1.53% 2 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$727 / per month

Homeownership Rate

Homeownership
Owners 60.61
Renters 39.39
Vacant 8.88

Housing Market Details

 

Age of Homes

AGE OF Arcade HOMES
2000 or Newer 12.3
1970 - 1999 22.0
1940 - 1969 16.7
1939 or Older 49.0

Types of Homes

TYPE OF Arcade HOMES
Single-Family 63.0
Townhomes 2.4
Small Apt. Buildings 21.9
Apt. Complexes 12.6
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Arcade HOMES
No Bedroom 2.03
1 Bedroom 16.99
2 Bedrooms 16.89
3 Bedrooms 39.00
4 Bedrooms 21.62
5 or more bedrooms 3.47