Castleton-on-Hudson, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Castleton-on-Hudson Neighborhoods Since 2000




Castleton-on-Hudson, NY Real Estate Data


Castleton-on-Hudson Housing Market Information

With 1,465 people, 501 houses or apartments, and a median cost of homes of $159,362, 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 67.70% 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 ( 26.63%), row houses and other attached homes ( 3.26%), and a few large apartment complexes or high rise apartments ( 2.41%).

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 74.05% of Castleton-on-Hudson's homes, and 56.19% have either three or four bedrooms, which is average sized relative to America.

The housing in Castleton-on-Hudson was primarily built before 1939 ( 63.57%), 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 ( 24.91%), followed by between 1970-1999 ( 7.39%). There's also some housing in Castleton-on-Hudson built between 2000 and later ( 4.12%).

Vacant housing appears to be an issue in Castleton-on-Hudson. Fully 13.92% 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.

Castleton-on-Hudson Home Appreciation Rates

Castleton-on-Hudson's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Castleton-on-Hudson during the period has been just -0.77%, which is lower than 70% of US communities.

Over the last year, Castleton-on-Hudson appreciation rates have trailed the rest of the nation. In the last twelve months, Castleton-on-Hudson's appreciation rate has been 3.82%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Castleton-on-Hudson were at 1.15%, which equates to an annual appreciation rate of 4.70%.

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

Average Home Values

 

Median Home Value:
$159,362

Castleton-on-Hudson, NY HOME PRICES

Value Range
> $971,000 0.0
$728,001 - $971,000 0.0
$486,001 - $728,000 0.0
$388,001 - $486,000 0.0
$291,001 - $388,000 3.0
$194,001 - $291,000 15.0
$97,001 - $194,000 69.8
$49,001 - $97,000 10.2
$0 - $49,000 2.0

Average for NY
Average for Nation

Value Relative to Nation Value Relative to State
46.9578965860514 55.5555555555556

Number Of Homes And Apartments:
501

Rent & Ownership

 

Average Market Rent:
$935 / per month

Homeownership Rate

Homeownership
Owners 74.05
Renters 25.95
Vacant 13.92

Housing Market Details

 

Age of Homes

AGE OF Castleton-on-Hudson HOMES
2000 or Newer 4.1
1970 - 1999 7.4
1940 - 1969 24.9
1939 or Older 63.6

Types of Homes

TYPE OF Castleton-on-Hudson HOMES
Single-Family 67.7
Townhomes 3.3
Small Apt. Buildings 26.6
Apt. Complexes 2.4
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Castleton-on-Hudson HOMES
No Bedroom 0.69
1 Bedroom 9.45
2 Bedrooms 30.93
3 Bedrooms 42.96
4 Bedrooms 13.23
5 or more bedrooms 2.75

Castleton-on-Hudson 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
45.60% 2.23% 3 5
* 10 is highest

Popular Neighborhoods in Castleton-on-Hudson

Zip Codes in Castleton-on-Hudson, NY