Centerport, NY


Highest Appreciating Centerport Neighborhoods Since 2000

Centerport, 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

Centerport Housing Market Information

With a population of 5,548, 1,983 total housing units (homes and apartments), and a median house value of $579,958, Centerport house prices are not only among the most expensive in New York, Centerport real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Centerport, accounting for 94.94% of the town's housing units. Other types of housing that are prevalent in Centerport include row houses and other attached homes ( 2.43%), duplexes, homes converted to apartments or other small apartment buildings ( 1.59%), and a few mobile homes or trailers ( 1.03%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Centerport. Owner-occupied housing accounts for 91.12% of Centerport's homes, and 76.54% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Centerport's housing was primarily built during this period, from the '40s through the '60s. A full 58.52% of the town's housing hails from this era. Other housing ages represented in Centerport include homes built before 1939 ( 23.03%) and housing constructed between 1970-1999 ( 17.09%). There's also some housing in Centerport built between 2000 and later ( 1.36%).

Centerport Home Appreciation Rates

Centerport's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Centerport during the period has been just -0.87%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Centerport's appreciation rate, at 3.71%, has been at or slightly above the national average. In the latest quarter, Centerport's appreciation rate has been 0.66%, which annualizes to a rate of 2.68%.

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

Average Home Values


Median Home Value:

Centerport, NY HOME PRICES

Value Range
> $1,083,000 4.2
$812,001 - $1,083,000 17.0
$541,001 - $812,000 45.9
$433,001 - $541,000 22.1
$325,001 - $433,000 6.2
$217,001 - $325,000 0.8
$108,001 - $217,000 1.1
$54,001 - $108,000 0.8
$0 - $54,000 1.9

Very High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
4.23063400914098 12.3456790123457

Number Of Homes And Apartments:

Centerport Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
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
61.22% 2.81% 6 7
* 10 is highest

Rent & Ownership


Average Market Rent:
$2,763 / per month

Homeownership Rate

Owners 91.12
Renters 8.88
Vacant 7.16

Housing Market Details


Age of Homes

AGE OF Centerport HOMES
2000 or Newer 1.4
1970 - 1999 17.1
1940 - 1969 58.5
1939 or Older 23.0

Types of Homes

TYPE OF Centerport HOMES
Single-Family 94.9
Townhomes 2.4
Small Apt. Buildings 1.6
Apt. Complexes 0.0
Mobile Homes 1.0
Other 0.0

Home Size

SIZE OF Centerport HOMES
No Bedroom 1.08
1 Bedroom 3.04
2 Bedrooms 12.92
3 Bedrooms 46.77
4 Bedrooms 29.78
5 or more bedrooms 6.41