Brockport, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Brockport Neighborhoods Since 2000




Brockport, 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

Brockport Housing Market Information

With 8,357 people, 2,381 houses or apartments, and a median cost of homes of $116,244, house prices in Brockport are solidly below the national average.

Single-family detached homes are the single most common housing type in Brockport, accounting for 44.00% of the village's housing units. Other types of housing that are prevalent in Brockport include duplexes, homes converted to apartments or other small apartment buildings ( 27.65%), large apartment complexes or high rise apartments ( 26.55%), and a few row houses and other attached homes ( 1.62%).

Brockport is dominated by renter-occupied one, two, or no bedrooms apartments. 69.90% of Brockport's dwellings are rentals.

The housing in Brockport was primarily built before 1939 ( 39.27%), making the housing stock in Brockport some of the oldest overall in America, although there is a range of ages of homes in Brockport. The next most important housing age is between 1970-1999 ( 32.13%), followed by between 1940-1969 ( 23.66%). There's also some housing in Brockport built between 2000 and later ( 4.94%).

Vacant housing appears to be an issue in Brockport. Fully 15.93% of the housing stock is classified as vacant. Left unchecked, vacant Brockport homes and apartments can be a drag on the real estate market, holding Brockport real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Brockport Home Appreciation Rates

Real estate appreciation rates in Brockport's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.10% during the period.

NeighborhoodScout's data show that during the latest twelve months, Brockport's appreciation rate, at 3.54%, has been at or slightly above the national average. In the latest quarter, Brockport's appreciation rate has been -0.57%, which annualizes to a rate of -2.26%.

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

Relative to New York, our data show that Brockport'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 village. Individual neighborhoods within Brockport differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Brockport - 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 Brockport real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$116,244

Brockport, NY HOME PRICES

Value Range
> $1,058,000 0.0
$793,001 - $1,058,000 0.0
$529,001 - $793,000 0.0
$423,001 - $529,000 0.0
$317,001 - $423,000 0.5
$212,001 - $317,000 2.8
$106,001 - $212,000 56.1
$53,001 - $106,000 39.1
$0 - $53,000 1.5

Low for NY
Low for Nation

Value Relative to Nation Value Relative to State
67.6139692956756 74.4107744107744

Number Of Homes And Apartments:
2,381

Brockport 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
17.48% 0.94% 1 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$903 / per month

Homeownership Rate

Homeownership
Owners 30.10
Renters 69.90
Vacant 15.93

Housing Market Details

 

Age of Homes

AGE OF Brockport HOMES
2000 or Newer 4.9
1970 - 1999 32.1
1940 - 1969 23.7
1939 or Older 39.3

Types of Homes

TYPE OF Brockport HOMES
Single-Family 44.0
Townhomes 1.6
Small Apt. Buildings 27.6
Apt. Complexes 26.6
Mobile Homes 0.2
Other 0.0

Home Size

SIZE OF Brockport HOMES
No Bedroom 7.84
1 Bedroom 16.63
2 Bedrooms 23.31
3 Bedrooms 30.65
4 Bedrooms 12.64
5 or more bedrooms 8.93