Clifton Park, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Clifton Park, 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 Q4 2018. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2017 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Clifton Park Housing Market Information

With a population of 40,772, 2,284 total housing units (homes and apartments), and a median house value of $168,325, 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 53.88% of the town's housing units. Other types of housing that are prevalent in Clifton Park include large apartment complexes or high rise apartments ( 21.55%), row houses and other attached homes ( 10.40%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.43%).

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 68.24% of Clifton Park's homes, and 57.98% 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 ( 16.05%). A lesser amount of the housing stock also hails from between 2000 and later ( 15.69%). There's also some housing in Clifton Park built before 1939 ( 2.90%).

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 0.58%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Clifton Park's appreciation rate, at 6.65%, has been at or slightly above the national average. In the latest quarter, Clifton Park's appreciation rate has been 2.51%, which annualizes to a rate of 10.41%.

Relative to New York, our data show that Clifton Park's latest annual appreciation rate is lower than 50% 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:
$168,325

Clifton Park, NY HOME PRICES

Value Range
> $1,185,000 1.1
$889,001 - $1,185,000 0.3
$593,001 - $889,000 2.9
$474,001 - $593,000 2.2
$355,001 - $474,000 10.4
$237,001 - $355,000 14.5
$118,001 - $237,000 30.3
$60,001 - $118,000 22.5
$0 - $60,000 15.9

Average for NY
Average for Nation

Value Relative to Nation Value Relative to State
49.2175182481752 57.1111111111111

Number Of Homes And Apartments:
2,284

Clifton Park Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NY*
Compared To
America*
Latest Quarter:
2018 Q3 - 2018 Q4
Last 12 Months:
2017 Q4 - 2018 Q4
Last 2 Years:
2016 Q4 - 2018 Q4
Last 5 Years:
2013 Q4 - 2018 Q4
Last 10 Years:
2008 Q4 - 2018 Q4
Since 2000:
2000 Q1 - 2018 Q4
88.28% 3.34%
8
8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$830 / per month

Homeownership Rate

Homeownership
Owners 68.24
Renters 31.76
Vacant 4.91

Housing Market Details

 

Age of Homes

AGE OF Clifton Park HOMES
2000 or Newer 15.7
1970 - 1999 65.4
1940 - 1969 16.0
1939 or Older 2.9

Types of Homes

TYPE OF Clifton Park HOMES
Single-Family 53.9
Townhomes 10.4
Small Apt. Buildings 7.4
Apt. Complexes 21.6
Mobile Homes 6.7
Other 0.0

Home Size

SIZE OF Clifton Park HOMES
No Bedroom 0.65
1 Bedroom 8.78
2 Bedrooms 28.03
3 Bedrooms 28.89
4 Bedrooms 29.08
5 or more bedrooms 4.57