Catskill, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Catskill Neighborhoods Since 2000




Catskill, NY Real Estate Data


Catskill Housing Market Information

With a population of 3,874, 1,491 total housing units (homes and apartments), and a median house value of $171,017, 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 47.65% 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 ( 36.03%), large apartment complexes or high rise apartments ( 13.05%), and a few row houses and other attached homes ( 3.28%).

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 ( 54.48%), 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 ( 29.64%), followed by between 1970-1999 ( 10.48%). There's also some housing in Catskill built between 2000 and later ( 5.40%).

Vacant housing appears to be an issue in Catskill. Fully 18.61% 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

Real estate appreciation rates in Catskill's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.63% during the period.

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 3.51%, 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 0.41%, which equates to an annual appreciation rate of 1.66%.

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 higher than 50% of the other cities and towns in New York.

Average Home Values

 

Median Home Value:
$171,017

Catskill, NY HOME PRICES

Value Range
> $1,046,000 0.0
$784,001 - $1,046,000 1.1
$523,001 - $784,000 1.3
$418,001 - $523,000 4.7
$314,001 - $418,000 4.8
$209,001 - $314,000 22.5
$105,001 - $209,000 39.1
$52,001 - $105,000 19.0
$0 - $52,000 7.5

Average for NY
Average for Nation

Value Relative to Nation Value Relative to State
42.3552146161504 51.6273849607183

Number Of Homes And Apartments:
1,491

Rent & Ownership

 

Average Market Rent:
$1,072 / per month

Homeownership Rate

Homeownership
Owners 42.28
Renters 57.72
Vacant 18.61

Housing Market Details

 

Age of Homes

AGE OF Catskill HOMES
2000 or Newer 5.4
1970 - 1999 10.5
1940 - 1969 29.6
1939 or Older 54.5

Types of Homes

TYPE OF Catskill HOMES
Single-Family 47.7
Townhomes 3.3
Small Apt. Buildings 36.0
Apt. Complexes 13.0
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Catskill HOMES
No Bedroom 5.29
1 Bedroom 16.70
2 Bedrooms 35.59
3 Bedrooms 29.42
4 Bedrooms 9.39
5 or more bedrooms 3.60

Catskill 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
74.50% 3.33% 8 9
* 10 is highest