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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With a population of 1,465, 505 total housing units (homes and apartments), and a median house value of $169,830, Castleton-on-Hudson real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Castleton-on-Hudson, accounting for 64.08% of the village's housing units. Other types of housing that are prevalent in Castleton-on-Hudson include duplexes, homes converted to apartments or other small apartment buildings ( 30.35%), row houses and other attached homes ( 3.88%), and a few large apartment complexes or high rise apartments ( 1.69%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Castleton-on-Hudson. Owner-occupied housing accounts for 73.21% of Castleton-on-Hudson's homes, and 56.16% have either three or four bedrooms, which is average sized relative to America.
The housing in Castleton-on-Hudson was primarily built before 1939 ( 59.36%), making the housing stock in Castleton-on-Hudson some of the oldest overall in America, although there is a range of ages of homes in Castleton-on-Hudson. The next most important housing age is between 1940-1969 ( 27.49%), followed by between 1970-1999 ( 9.11%). There's also some housing in Castleton-on-Hudson built between 2000 and later ( 4.05%).
Vacant housing appears to be an issue in Castleton-on-Hudson. Fully 14.84% of the housing stock is classified as vacant. Left unchecked, vacant Castleton-on-Hudson homes and apartments can be a drag on the real estate market, holding Castleton-on-Hudson 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.
Real estate appreciation rates in Castleton-on-Hudson's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.51% during the period.
Appreciation rates are so strong in Castleton-on-Hudson that despite a nationwide downturn in the housing market, Castleton-on-Hudson real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Castleton-on-Hudson appreciation rates continue to be some of the highest in America, at 5.83%, which is higher than appreciation rates in 72.58% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Castleton-on-Hudson. Castleton-on-Hudson appreciation rates in the latest quarter were at 0.82%, which equates to an annual appreciation rate of 3.32%.
Relative to New York, our data show that Castleton-on-Hudson's latest annual appreciation rate is higher than 80% of the other cities and towns in New York.
|$780,001 - $1,041,000||0.8|
|$520,001 - $780,000||0.0|
|$416,001 - $520,000||0.5|
|$312,001 - $416,000||2.0|
|$208,001 - $312,000||13.5|
|$104,001 - $208,000||71.4|
|$52,001 - $104,000||8.8|
|$0 - $52,000||3.0|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Castleton-on-Hudson HOMES|
|2000 or Newer||4.0|
|1970 - 1999||9.1|
|1940 - 1969||27.5|
|1939 or Older||59.4|
|TYPE OF Castleton-on-Hudson HOMES|
|Small Apt. Buildings||30.4|
|SIZE OF Castleton-on-Hudson HOMES|
|5 or more bedrooms||3.20|