Bayport, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Bayport Neighborhoods Since 2000




Bayport, 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

Bayport Housing Market Information

With 8,929 people, 3,133 houses or apartments, and a median cost of homes of $406,360, real estate costs in Bayport are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive New York communities.

Single-family detached homes are the single most common housing type in Bayport, accounting for 69.51% of the town's housing units. Other types of housing that are prevalent in Bayport include large apartment complexes or high rise apartments ( 21.75%), duplexes, homes converted to apartments or other small apartment buildings ( 4.89%), and a few row houses and other attached homes ( 2.56%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Bayport. Owner-occupied housing accounts for 67.70% of Bayport's homes, and 57.03% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Bayport's housing was primarily built during this period, from the '40s through the '60s. A full 38.43% of the town's housing hails from this era. Other housing ages represented in Bayport include homes built between 1970-1999 ( 38.14%) and housing constructed before 1939 ( 13.36%). There's also some housing in Bayport built between 2000 and later ( 10.06%).

Bayport Home Appreciation Rates

Bayport's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Bayport during the period has been just -1.55%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Bayport's appreciation rate, at 4.41%, has been at or slightly above the national average. In the latest quarter, Bayport's appreciation rate has been 0.66%, which annualizes to a rate of 2.68%.

Relative to New York, our data show that Bayport's latest annual appreciation rate is higher than 70% of the other cities and towns in New York.

Average Home Values

 

Median Home Value:
$406,360

Bayport, NY HOME PRICES

Value Range
> $1,082,000 1.0
$811,001 - $1,082,000 9.8
$540,001 - $811,000 18.0
$432,001 - $540,000 26.2
$324,001 - $432,000 35.9
$216,001 - $324,000 6.5
$108,001 - $216,000 0.7
$54,001 - $108,000 0.5
$0 - $54,000 1.2

High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
9.20543771241064 23.34455667789

Number Of Homes And Apartments:
3,133

Bayport 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
68.06% 3.06% 7 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,214 / per month

Homeownership Rate

Homeownership
Owners 67.70
Renters 32.30
Vacant 7.80

Housing Market Details

 

Age of Homes

AGE OF Bayport HOMES
2000 or Newer 10.1
1970 - 1999 38.1
1940 - 1969 38.4
1939 or Older 13.4

Types of Homes

TYPE OF Bayport HOMES
Single-Family 69.5
Townhomes 2.6
Small Apt. Buildings 4.9
Apt. Complexes 21.7
Mobile Homes 1.0
Other 0.3

Home Size

SIZE OF Bayport HOMES
No Bedroom 0.24
1 Bedroom 15.21
2 Bedrooms 19.07
3 Bedrooms 31.08
4 Bedrooms 25.96
5 or more bedrooms 8.45