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 3,379 people, 1,453 houses or apartments, and a median cost of homes of $230,698, house prices in Avon are solidly below the national average.
Single-family detached homes are the single most common housing type in Avon, accounting for 68.43% of the village's housing units. Other types of housing that are prevalent in Avon include large apartment complexes or high rise apartments ( 15.79%), row houses and other attached homes ( 10.05%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.73%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Avon. Owner-occupied housing accounts for 70.04% of Avon's homes, and 52.64% have either three or four bedrooms, which is average sized relative to America.
The housing in Avon was primarily built before 1939 ( 38.85%), making the housing stock in Avon some of the oldest overall in America, although there is a range of ages of homes in Avon. The next most important housing age is between 1940-1969 ( 24.36%), followed by between 1970-1999 ( 23.13%). There's also some housing in Avon built between 2000 and later ( 13.66%).
Avon's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Avon during the period has been just 4.91%, which is lower than 70% of US communities.
Appreciation rates are so strong in Avon that despite a nationwide downturn in the housing market, Avon real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Avon appreciation rates continue to be some of the highest in America, at 11.24%, which is higher than appreciation rates in 98.05% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Avon. Avon appreciation rates in the latest quarter were at 1.91%, which equates to an annual appreciation rate of 7.84%.
Relative to New York, our data show that Avon's latest annual appreciation rate is higher than 90% of the other cities and towns in New York.
$230,698
for New york
for nation
1,453
$1,904 / per month