Bronxville, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Bronxville Neighborhoods Since 2000




Bronxville, NY Real Estate Data


Bronxville Housing Market Information

With 6,438 people, 2,204 houses or apartments, and a median cost of homes of $1,504,537, Bronxville house prices are not only among the most expensive in New York, Bronxville real estate also is some of the most expensive in all of America.

Large apartment complexes or high rise apartments are the single most common housing type in Bronxville, accounting for 47.01% of the village's housing units. Other types of housing that are prevalent in Bronxville include single-family detached homes ( 39.10%), row houses and other attached homes ( 7.91%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.99%). This particular housing mix is relatively uncommon and characteristic of villages that are compact and walkable, and which often have a lively downtown.

The large homes that make up Bronxville are primarily owner-occupied ( 75.35%).

The housing in Bronxville was primarily built before 1939 ( 74.42%), making the housing stock in Bronxville some of the oldest overall in America, although there is a range of ages of homes in Bronxville. The next most important housing age is between 1940-1969 ( 16.12%), followed by between 1970-1999 ( 8.92%).

Bronxville Home Appreciation Rates

Real estate appreciation rates in Bronxville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 0.03% during the period.

Over the last year, Bronxville appreciation rates have trailed the rest of the nation. In the last twelve months, Bronxville's appreciation rate has been 3.87%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Bronxville were at 1.43%, which equates to an annual appreciation rate of 5.85%.

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

Average Home Values

 

Median Home Value:
$1,504,537

Bronxville, NY HOME PRICES

Value Range
> $1,107,000 49.8
$831,001 - $1,107,000 12.5
$553,001 - $831,000 19.0
$443,001 - $553,000 3.7
$332,001 - $443,000 5.8
$221,001 - $332,000 5.5
$110,001 - $221,000 2.5
$55,001 - $110,000 0.5
$0 - $55,000 0.6

Very High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
0.474322187737893 1.68350168350168

Number Of Homes And Apartments:
2,204

Rent & Ownership

 

Average Market Rent:
$3,182 / per month

Homeownership Rate

Homeownership
Owners 75.35
Renters 24.65
Vacant 7.74

Housing Market Details

 

Age of Homes

AGE OF Bronxville HOMES
2000 or Newer 0.5
1970 - 1999 8.9
1940 - 1969 16.1
1939 or Older 74.4

Types of Homes

TYPE OF Bronxville HOMES
Single-Family 39.1
Townhomes 7.9
Small Apt. Buildings 6.0
Apt. Complexes 47.0
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Bronxville HOMES
No Bedroom 1.72
1 Bedroom 13.90
2 Bedrooms 25.32
3 Bedrooms 15.99
4 Bedrooms 21.26
5 or more bedrooms 21.81

Bronxville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NY*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
77.72% 3.44% 9 9
* 10 is highest