Catskill, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Catskill Neighborhoods Since 2000




Catskill, 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

Catskill Housing Market Information

With a population of 3,874, 1,499 total housing units (homes and apartments), and a median house value of $166,753, Catskill 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 Catskill, accounting for 48.59% of the village's housing units. Other types of housing that are prevalent in Catskill include duplexes, homes converted to apartments or other small apartment buildings ( 36.67%), large apartment complexes or high rise apartments ( 12.12%), and a few row houses and other attached homes ( 2.63%).

People in Catskill primarily live in small (one, two or no bedroom) single-family detached homes. Catskill has a mixture of owner-occupied and renter-occupied housing.

The housing in Catskill was primarily built before 1939 ( 60.40%), making the housing stock in Catskill some of the oldest overall in America, although there is a range of ages of homes in Catskill. The next most important housing age is between 1940-1969 ( 28.69%), followed by between 1970-1999 ( 8.43%). There's also some housing in Catskill built between 2000 and later ( 2.47%).

Vacant housing appears to be an issue in Catskill. Fully 24.29% of the housing stock is classified as vacant. Left unchecked, vacant Catskill homes and apartments can be a drag on the real estate market, holding Catskill 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.

Catskill Home Appreciation Rates

Catskill's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Catskill during the period has been just -1.06%, which is lower than 70% of US communities.

Over the last year, Catskill appreciation rates have trailed the rest of the nation. In the last twelve months, Catskill's appreciation rate has been 2.10%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Catskill were at -0.56%, which equates to an annual appreciation rate of -2.23%.

Notably, Catskill's appreciation rate in the latest quarter is one of the lowest in America.

Relative to New York, our data show that Catskill's latest annual appreciation rate is lower than 50% of the other cities and towns in New York.

Average Home Values

 

Median Home Value:
$166,753

Catskill, NY HOME PRICES

Value Range
> $1,058,000 0.0
$793,001 - $1,058,000 1.3
$529,001 - $793,000 1.6
$423,001 - $529,000 2.5
$318,001 - $423,000 6.2
$211,001 - $318,000 22.8
$106,001 - $211,000 39.5
$53,001 - $106,000 19.9
$0 - $53,000 6.2

Average for NY
Average for Nation

Value Relative to Nation Value Relative to State
42.8864408765967 52.6374859708193

Number Of Homes And Apartments:
1,499

Catskill 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
67.69% 3.04% 7 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$903 / per month

Homeownership Rate

Homeownership
Owners 48.87
Renters 51.13
Vacant 24.29

Housing Market Details

 

Age of Homes

AGE OF Catskill HOMES
2000 or Newer 2.5
1970 - 1999 8.4
1940 - 1969 28.7
1939 or Older 60.4

Types of Homes

TYPE OF Catskill HOMES
Single-Family 48.6
Townhomes 2.6
Small Apt. Buildings 36.7
Apt. Complexes 12.1
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Catskill HOMES
No Bedroom 5.15
1 Bedroom 14.44
2 Bedrooms 36.52
3 Bedrooms 32.93
4 Bedrooms 8.13
5 or more bedrooms 2.83