Auburn, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Auburn Neighborhoods Since 2000




Auburn, 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

Auburn Housing Market Information

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%).

Auburn Home Appreciation Rates

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.

Average Home Values

 

Median Home Value:
$105,213

Auburn, NY HOME PRICES

Value Range
> $1,024,000 0.4
$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

Very Low for NY
Low for Nation

Value Relative to Nation Value Relative to State
74.185515059182 80.2469135802469

Number Of Homes And Apartments:
11,188

Auburn 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
45.62% 2.20% 3 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$803 / per month

Homeownership Rate

Homeownership
Owners 42.73
Renters 57.27
Vacant 9.87

Housing Market Details

 

Age of Homes

AGE OF Auburn HOMES
2000 or Newer 0.9
1970 - 1999 16.5
1940 - 1969 27.1
1939 or Older 55.5

Types of Homes

TYPE OF Auburn HOMES
Single-Family 49.5
Townhomes 2.6
Small Apt. Buildings 28.2
Apt. Complexes 19.4
Mobile Homes 0.3
Other 0.0

Home Size

SIZE OF Auburn HOMES
No Bedroom 4.37
1 Bedroom 16.51
2 Bedrooms 24.95
3 Bedrooms 37.42
4 Bedrooms 13.33
5 or more bedrooms 3.42