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




Highest
Lowest

Highest Appreciating Castleton-on-Hudson Neighborhoods Since 2000




Castleton-on-Hudson, 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

Castleton-on-Hudson Housing Market Information

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.

Castleton-on-Hudson Home Appreciation Rates

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.

Average Home Values

 

Median Home Value:
$169,830

Castleton-on-Hudson, NY HOME PRICES

Value Range
> $1,041,000 0.0
$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

Average for NY
Average for Nation

Value Relative to Nation Value Relative to State
41.7086604945506 51.8518518518518

Number Of Homes And Apartments:
505

Castleton-on-Hudson 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
49.58% 2.36% 4 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$985 / per month

Homeownership Rate

Homeownership
Owners 73.21
Renters 26.79
Vacant 14.84

Housing Market Details

 

Age of Homes

AGE OF Castleton-on-Hudson HOMES
2000 or Newer 4.0
1970 - 1999 9.1
1940 - 1969 27.5
1939 or Older 59.4

Types of Homes

TYPE OF Castleton-on-Hudson HOMES
Single-Family 64.1
Townhomes 3.9
Small Apt. Buildings 30.4
Apt. Complexes 1.7
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Castleton-on-Hudson HOMES
No Bedroom 0.67
1 Bedroom 14.33
2 Bedrooms 25.63
3 Bedrooms 44.86
4 Bedrooms 11.30
5 or more bedrooms 3.20

Popular Neighborhoods in Castleton-on-Hudson

Zip Codes in Castleton-on-Hudson, NY