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 Q2 2018. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2016 (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 40,292, 2,257 total housing units (homes and apartments), and a median house value of $163,110, 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 53.15% of the town's housing units. Other types of housing that are prevalent in Clifton Park include large apartment complexes or high rise apartments ( 22.17%), row houses and other attached homes ( 11.20%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.92%).

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 66.98% of Clifton Park's homes, and 57.20% 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 ( 16.97%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.30%). There's also some housing in Clifton Park built before 1939 ( 3.30%).

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 -0.96%, which is lower than 80% of US communities.

Over the last year, Clifton Park appreciation rates have trailed the rest of the nation. In the last twelve months, Clifton Park's appreciation rate has been 1.14%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Clifton Park were at -1.91%, which equates to an annual appreciation rate of -7.43%.

Notably, Clifton Park's appreciation rate in the latest quarter is one of the lowest in America.

Relative to New York, our data show that Clifton Park's latest annual appreciation rate is lower than 80% 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:
$163,110

Clifton Park, NY HOME PRICES

Value Range
> $1,145,000 1.9
$859,001 - $1,145,000 0.3
$572,001 - $859,000 3.3
$458,001 - $572,000 2.1
$344,001 - $458,000 7.9
$229,001 - $344,000 12.9
$115,001 - $229,000 32.5
$57,001 - $115,000 19.8
$0 - $57,000 19.4

Average for NY
Average for Nation

Value Relative to Nation Value Relative to State
48.9547445255474 56.7777777777778

Number Of Homes And Apartments:
2,257

Clifton Park Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NY*
Compared To
America*
Latest Quarter:
2018 Q1 - 2018 Q2
Last 12 Months:
2017 Q2 - 2018 Q2
Last 2 Years:
2016 Q2 - 2018 Q2
Last 5 Years:
2013 Q2 - 2018 Q2
Last 10 Years:
2008 Q2 - 2018 Q2
Since 2000:
2000 Q1 - 2018 Q2
71.61% 2.96%
6
7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,056 / per month

Homeownership Rate

Homeownership
Owners 66.98
Renters 33.02
Vacant 5.56

Housing Market Details

 

Age of Homes

AGE OF Clifton Park HOMES
2000 or Newer 14.3
1970 - 1999 65.4
1940 - 1969 17.0
1939 or Older 3.3

Types of Homes

TYPE OF Clifton Park HOMES
Single-Family 53.1
Townhomes 11.2
Small Apt. Buildings 6.9
Apt. Complexes 22.2
Mobile Homes 6.6
Other 0.0

Home Size

SIZE OF Clifton Park HOMES
No Bedroom 0.50
1 Bedroom 9.62
2 Bedrooms 28.22
3 Bedrooms 29.56
4 Bedrooms 27.64
5 or more bedrooms 4.45