Brewster, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Brewster Neighborhoods Since 2000




Brewster, 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

Brewster Housing Market Information

With 2,332 people, 811 houses or apartments, and a median cost of homes of $326,712, real estate costs in Brewster 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.

Duplexes, homes converted to apartments or other small apartment buildings are the single most common housing type in Brewster, accounting for 40.62% of the village's housing units. Other types of housing that are prevalent in Brewster include large apartment complexes or high rise apartments ( 33.74%), single-family detached homes ( 16.54%), and a few row houses and other attached homes ( 4.66%). Villages that are predominantly high-density buildings are relatively uncommon in the US. Because of the density, these types of villages are often walkable and compact, and often have a lively downtown.

Brewster is dominated by renter-occupied one, two, or no bedrooms apartments. 82.53% of Brewster's dwellings are rentals.

The housing in Brewster was primarily built before 1939 ( 51.61%), making the housing stock in Brewster some of the oldest overall in America, although there is a range of ages of homes in Brewster. The next most important housing age is between 1970-1999 ( 23.53%), followed by between 1940-1969 ( 18.76%). There's also some housing in Brewster built between 2000 and later ( 6.10%).

Brewster Home Appreciation Rates

Homes have actually lost value in Brewster over the last then years, as home values have seen a decline of 21.87% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Brewster home appreciation rates at 0.66%, which equates to an annual appreciation rate of 2.68%.

Over the last year, Brewster appreciation rates have trailed the rest of the nation. In the last twelve months, Brewster's appreciation rate has been 0.84%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Brewster were at 0.66%, which equates to an annual appreciation rate of 2.68%.

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

Average Home Values

 

Median Home Value:
$326,712

Brewster, NY HOME PRICES

Value Range
> $1,038,000 3.2
$779,001 - $1,038,000 0.0
$519,001 - $779,000 8.0
$415,001 - $519,000 6.9
$311,001 - $415,000 36.7
$208,001 - $311,000 34.2
$104,001 - $208,000 5.9
$52,001 - $104,000 3.2
$0 - $52,000 1.9

High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
13.9810148833939 30.0785634118967

Number Of Homes And Apartments:
811

Brewster 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
24.94% 1.30% 1 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,709 / per month

Homeownership Rate

Homeownership
Owners 17.47
Renters 82.53
Vacant 9.99

Housing Market Details

 

Age of Homes

AGE OF Brewster HOMES
2000 or Newer 6.1
1970 - 1999 23.5
1940 - 1969 18.8
1939 or Older 51.6

Types of Homes

TYPE OF Brewster HOMES
Single-Family 16.5
Townhomes 4.7
Small Apt. Buildings 40.6
Apt. Complexes 33.7
Mobile Homes 4.4
Other 0.0

Home Size

SIZE OF Brewster HOMES
No Bedroom 13.21
1 Bedroom 23.97
2 Bedrooms 36.07
3 Bedrooms 22.31
4 Bedrooms 4.33
5 or more bedrooms 0.11