Avon, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Avon Neighborhoods Since 2000




Avon, 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

Avon Housing Market Information

With 3,319 people, 1,353 houses or apartments, and a median cost of homes of $154,144, Avon 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 Avon, accounting for 62.03% of the village's housing units. Other types of housing that are prevalent in Avon include duplexes, homes converted to apartments or other small apartment buildings ( 25.27%), large apartment complexes or high rise apartments ( 10.29%), and a few row houses and other attached homes ( 1.85%).

The most prevalent building size and type in Avon are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 64.66% owning and 35.34% renting.

The housing in Avon was primarily built before 1939 ( 36.91%), 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 ( 32.43%), followed by between 1970-1999 ( 16.89%). There's also some housing in Avon built between 2000 and later ( 13.77%).

Avon Home Appreciation Rates

Appreciation rates for homes in Avon have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 13.90%, which ranks in the top 30% nationwide. This equates to an annual average Avon house appreciation rate of 1.31%.

Over the last year, Avon appreciation rates have trailed the rest of the nation. In the last twelve months, Avon's appreciation rate has been 1.44%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Avon were at -0.57%, which equates to an annual appreciation rate of -2.26%.

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

Relative to New York, our data show that Avon's latest annual appreciation rate is lower than 60% of the other cities and towns in New York.

Average Home Values

 

Median Home Value:
$154,144

Avon, NY HOME PRICES

Value Range
> $1,039,000 0.8
$779,001 - $1,039,000 0.0
$520,001 - $779,000 0.8
$416,001 - $520,000 0.0
$312,001 - $416,000 1.9
$207,001 - $312,000 7.0
$104,001 - $207,000 71.6
$52,001 - $104,000 16.0
$0 - $52,000 1.8

Average for NY
Average for Nation

Value Relative to Nation Value Relative to State
48.2889956638931 58.0246913580247

Number Of Homes And Apartments:
1,353

Avon 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
31.08% 1.58% 2 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$972 / per month

Homeownership Rate

Homeownership
Owners 64.66
Renters 35.34
Vacant 3.97

Housing Market Details

 

Age of Homes

AGE OF Avon HOMES
2000 or Newer 13.8
1970 - 1999 16.9
1940 - 1969 32.4
1939 or Older 36.9

Types of Homes

TYPE OF Avon HOMES
Single-Family 62.0
Townhomes 1.8
Small Apt. Buildings 25.3
Apt. Complexes 10.3
Mobile Homes 0.6
Other 0.0

Home Size

SIZE OF Avon HOMES
No Bedroom 0.00
1 Bedroom 14.27
2 Bedrooms 21.86
3 Bedrooms 39.67
4 Bedrooms 18.59
5 or more bedrooms 5.61