Clifton Park, NY Real Estate Market

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 Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Clifton Park, NY Housing Market Trends

With a population of 40,785, 2,294 total housing units (homes and apartments), and a median house value of $209,063, Clifton Park 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 Clifton Park, accounting for 53.56% of the town's housing units. Other types of housing that are prevalent in Clifton Park include large apartment complexes or high rise apartments ( 20.43%), row houses and other attached homes ( 10.24%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 9.27%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Clifton Park. Owner-occupied housing accounts for 69.42% of Clifton Park's homes, and 57.67% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Clifton Park built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Clifton Park built between 2000 and later ( 18.30%). A lesser amount of the housing stock also hails from between 1940-1969 ( 17.04%). There's also some housing in Clifton Park built before 1939 ( 2.48%).

Clifton Park Home Appreciation Rates

Appreciation rates for homes in Clifton Park have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 35.85%, which ranks in the top 50% nationwide. This equates to an annual average Clifton Park house appreciation rate of 3.11%.

NeighborhoodScout's data show that during the latest twelve months, Clifton Park's appreciation rate, at 6.15%, has been at or slightly above the national average. In the latest quarter, Clifton Park's appreciation rate has been 1.66%, which annualizes to a rate of 6.81%.

Relative to New York, our data show that Clifton Park's latest annual appreciation rate is higher than 70% of the other cities and towns in New York.

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Clifton Park differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Clifton Park - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Clifton Park real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$209,063

Clifton Park, NY HOME PRICES

> $1,245,000
0.0%
0.0%
$933,001 - $1,245,000
1.0%
1.0%
$622,001 - $933,000
6.9%
6.9%
$498,001 - $622,000
6.4%
6.4%
$374,001 - $498,000
7.1%
7.1%
$249,001 - $374,000
15.2%
15.2%
$125,001 - $249,000
25.4%
25.4%
$62,001 - $125,000
27.1%
27.1%
$0 - $62,000
11.0%
11.0%
0.0% 100.0%
% OF HOMES
Value Relative To State

Average for Nation

Average for NY

Value Relative To Nation

Number Of Homes And Apartments:
2,294

Clifton Park Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NY*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
110.82% 3.62%
8
9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$891 / per month

Homeownership Rate

Owners
69.4%
69.4%
Renters
30.6%
30.6%
Vacant
5.2%
5.2%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
18.3%
18.3%
1970 - 1999
62.2%
62.2%
1940 - 1969
17.0%
17.0%
1939 or Older
2.5%
2.5%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
53.6%
53.6%
Townhomes
10.2%
10.2%
Small Apt. Buildings
9.3%
9.3%
Apt. Complexes
20.4%
20.4%
Mobile Homes
6.5%
6.5%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.5%
0.5%
1 Bedroom
9.4%
9.4%
2 Bedrooms
27.5%
27.5%
3 Bedrooms
30.2%
30.2%
4 Bedrooms
27.5%
27.5%
5 or more bedrooms
5.0%
5.0%
0.0% 100.0%
% OF HOMES