Bronxville, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Bronxville Neighborhoods Since 2000




Bronxville, 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

Bronxville Housing Market Information

With 6,438 people, 2,168 houses or apartments, and a median cost of homes of $2,354,193, 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 44.82% of the village's housing units. Other types of housing that are prevalent in Bronxville include single-family detached homes ( 39.61%), row houses and other attached homes ( 9.41%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.16%). Villages with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact villages that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.

The large homes that make up Bronxville are primarily owner-occupied ( 76.71%).

The housing in Bronxville was primarily built before 1939 ( 73.18%), 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 ( 18.95%), followed by between 1970-1999 ( 7.23%).

Bronxville Home Appreciation Rates

Appreciation rates for homes in Bronxville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 12.34%, which ranks in the top 30% nationwide. This equates to an annual average Bronxville house appreciation rate of 1.17%.

NeighborhoodScout's data show that during the latest twelve months, Bronxville's appreciation rate, at 5.17%, has been at or slightly above the national average. In the latest quarter, Bronxville's appreciation rate has been 0.66%, which annualizes to a rate of 2.68%.

Relative to New York, our data show that Bronxville's latest annual appreciation rate is higher than 80% of the other cities and towns in New York.

Average Home Values

 

Median Home Value:
$2,354,193

Bronxville, NY HOME PRICES

Value Range
> $1,132,000 49.9
$849,001 - $1,132,000 14.0
$566,001 - $849,000 18.1
$453,001 - $566,000 4.0
$340,001 - $453,000 6.1
$226,001 - $340,000 4.4
$113,001 - $226,000 2.5
$57,001 - $113,000 0.5
$0 - $57,000 0.4

Very High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
0.105472870033986 0.224466891133558

Number Of Homes And Apartments:
2,168

Bronxville 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
103.09% 4.19% 10 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$3,792 / per month

Homeownership Rate

Homeownership
Owners 76.71
Renters 23.29
Vacant 7.27

Housing Market Details

 

Age of Homes

AGE OF Bronxville HOMES
2000 or Newer 0.6
1970 - 1999 7.2
1940 - 1969 18.9
1939 or Older 73.2

Types of Homes

TYPE OF Bronxville HOMES
Single-Family 39.6
Townhomes 9.4
Small Apt. Buildings 6.2
Apt. Complexes 44.8
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Bronxville HOMES
No Bedroom 0.56
1 Bedroom 15.06
2 Bedrooms 22.11
3 Bedrooms 18.91
4 Bedrooms 21.98
5 or more bedrooms 21.39