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
With 26,985 people, 11,188 houses or apartments, and a median cost of homes of $105,213, house prices in Auburn are solidly below the national average.
Single-family detached homes are the single most common housing type in Auburn, accounting for 49.53% of the city's housing units. Other types of housing that are prevalent in Auburn include duplexes, homes converted to apartments or other small apartment buildings ( 28.21%), large apartment complexes or high rise apartments ( 19.40%), and a few row houses and other attached homes ( 2.57%).
The most prevalent building size and type in Auburn are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 42.73% owning and 57.27% renting.
The housing in Auburn was primarily built before 1939 ( 55.53%), making the housing stock in Auburn some of the oldest overall in America, although there is a range of ages of homes in Auburn. The next most important housing age is between 1940-1969 ( 27.07%), followed by between 1970-1999 ( 16.46%).
Real estate appreciation rates in Auburn's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.06% during the period.
Over the last year, Auburn appreciation rates have trailed the rest of the nation. In the last twelve months, Auburn's appreciation rate has been -1.20%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Auburn were at -0.56%, which equates to an annual appreciation rate of -2.23%.
Notably, Auburn's appreciation rate in the latest quarter is one of the lowest in America.
Relative to New York, our data show that Auburn's latest annual appreciation rate is lower than 90% of the other cities and towns in New York.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Auburn differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Auburn - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Auburn real estate investment or home purchase decisions.
|$768,001 - $1,024,000||0.0|
|$512,001 - $768,000||0.0|
|$410,001 - $512,000||0.4|
|$307,001 - $410,000||1.9|
|$205,001 - $307,000||2.6|
|$103,001 - $205,000||33.8|
|$51,001 - $103,000||50.8|
|$0 - $51,000||10.1|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Auburn HOMES|
|2000 or Newer||0.9|
|1970 - 1999||16.5|
|1940 - 1969||27.1|
|1939 or Older||55.5|
|TYPE OF Auburn HOMES|
|Small Apt. Buildings||28.2|
|SIZE OF Auburn HOMES|
|5 or more bedrooms||3.42|