Batavia, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Batavia Neighborhoods Since 2000




Batavia, 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

Batavia Housing Market Information

With 15,010 people, 6,372 houses or apartments, and a median cost of homes of $97,270, house prices in Batavia are solidly below the national average.

Single-family detached homes are the single most common housing type in Batavia, accounting for 56.56% of the city's housing units. Other types of housing that are prevalent in Batavia include duplexes, homes converted to apartments or other small apartment buildings ( 24.41%), large apartment complexes or high rise apartments ( 16.39%), and a few row houses and other attached homes ( 2.49%).

The most prevalent building size and type in Batavia are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 50.89% owning and 49.11% renting.

The housing in Batavia was primarily built before 1939 ( 50.60%), making the housing stock in Batavia some of the oldest overall in America, although there is a range of ages of homes in Batavia. The next most important housing age is between 1940-1969 ( 25.90%), followed by between 1970-1999 ( 20.70%). There's also some housing in Batavia built between 2000 and later ( 2.80%).

Batavia Home Appreciation Rates

Real estate appreciation rates in Batavia's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.27% during the period.

NeighborhoodScout's data show that during the latest twelve months, Batavia's appreciation rate, at 3.86%, has been at or slightly above the national average. In the latest quarter, Batavia's appreciation rate has been -0.56%, which annualizes to a rate of -2.23%.

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

Relative to New York, our data show that Batavia's latest annual appreciation rate is higher than 60% 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 Batavia differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Batavia - 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 Batavia real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$97,270

Batavia, NY HOME PRICES

Value Range
> $1,047,000 0.2
$785,001 - $1,047,000 0.0
$524,001 - $785,000 0.0
$419,001 - $524,000 0.0
$314,001 - $419,000 0.6
$209,001 - $314,000 4.4
$104,001 - $209,000 35.4
$52,001 - $104,000 52.6
$0 - $52,000 6.8

Very Low for NY
Low for Nation

Value Relative to Nation Value Relative to State
79.3038790577757 85.4096520763187

Number Of Homes And Apartments:
6,372

Batavia 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
19.58% 1.04% 1 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$879 / per month

Homeownership Rate

Homeownership
Owners 50.89
Renters 49.11
Vacant 7.24

Housing Market Details

 

Age of Homes

AGE OF Batavia HOMES
2000 or Newer 2.8
1970 - 1999 20.7
1940 - 1969 25.9
1939 or Older 50.6

Types of Homes

TYPE OF Batavia HOMES
Single-Family 56.6
Townhomes 2.5
Small Apt. Buildings 24.4
Apt. Complexes 16.4
Mobile Homes 0.1
Other 0.0

Home Size

SIZE OF Batavia HOMES
No Bedroom 3.71
1 Bedroom 11.94
2 Bedrooms 29.90
3 Bedrooms 35.39
4 Bedrooms 15.77
5 or more bedrooms 3.29