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 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (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 38,029 people, 14,176 houses or apartments, and a median cost of homes of $376,061, Clifton Park real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Clifton Park, accounting for 73.54% of the town's housing units. Other types of housing that are prevalent in Clifton Park include large apartment complexes or high rise apartments ( 14.75%), row houses and other attached homes ( 8.47%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.83%).

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 82.08% of Clifton Park's homes, and 68.72% 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 1940-1969 ( 19.83%). A lesser amount of the housing stock also hails from between 2000 and later ( 18.03%). There's also some housing in Clifton Park built before 1939 ( 3.65%).

Clifton Park Home Appreciation Rates

Clifton Park's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Clifton Park during the period has been just 3.01%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Clifton Park's appreciation rate, at 17.61%, has been at or slightly above the national average. In the latest quarter, Clifton Park's appreciation rate has been 7.59%, which annualizes to a rate of 33.98%.

Relative to New York, our data show that Clifton Park's latest annual appreciation rate is lower than 60% 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:
$376,061

Clifton Park, NY HOME PRICES

> $1,247,000
$935,001 - $1,247,000
$623,001 - $935,000
$499,001 - $623,000
$374,001 - $499,000
$250,001 - $374,000
$125,001 - $250,000
$63,001 - $125,000
$0 - $63,000
0.7%
0.7%
1.1%
1.1%
4.9%
4.9%
12.0%
12.0%
31.7%
31.7%
36.5%
36.5%
11.0%
11.0%
0.5%
0.5%
1.6%
1.6%
0.0% 100.0%
% OF HOMES
Value Relative To State

High for Nation

High for NY

Value Relative To Nation

Number Of Homes And Apartments:
14,176

Clifton Park Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NY*
Compared To
America*
Latest Quarter:
2021 Q3 - 2021 Q4
Last 12 Months:
2020 Q4 - 2021 Q4
Last 2 Years:
2019 Q4 - 2021 Q4
Last 5 Years:
2016 Q4 - 2021 Q4
Last 10 Years:
2011 Q4 - 2021 Q4
Since 2000:
2000 Q1 - 2021 Q4
121.52% 3.68%
5
7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,835 / per month

Homeownership Rate

Owners
Renters
Vacant
82.1%
82.1%
17.9%
17.9%
4.8%
4.8%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
18.0%
18.0%
58.5%
58.5%
19.8%
19.8%
3.7%
3.7%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
73.5%
73.5%
8.5%
8.5%
2.8%
2.8%
14.8%
14.8%
0.4%
0.4%
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.2%
0.2%
6.8%
6.8%
15.8%
15.8%
27.6%
27.6%
41.1%
41.1%
8.5%
8.5%
0.0% 100.0%
% OF HOMES