Congers, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Congers Neighborhoods Since 2000




Congers, 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

Congers Housing Market Information

With a population of 8,645, 2,874 total housing units (homes and apartments), and a median house value of $488,432, Congers house prices are not only among the most expensive in New York, Congers 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 Congers, accounting for 78.78% of the town's housing units. Other types of housing that are prevalent in Congers include row houses and other attached homes ( 9.17%), large apartment complexes or high rise apartments ( 6.61%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.44%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Congers. Owner-occupied housing accounts for 85.42% of Congers's homes, and 69.58% 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. Congers's housing was primarily built during this period, from the '40s through the '60s. A full 40.04% of the town's housing hails from this era. Other housing ages represented in Congers include homes built between 1970-1999 ( 39.80%) and housing constructed before 1939 ( 12.63%). There's also some housing in Congers built between 2000 and later ( 7.53%).

Congers Home Appreciation Rates

Congers's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Congers during the period has been just -1.77%, which is lower than 80% of US communities.

Over the last year, Congers appreciation rates have trailed the rest of the nation. In the last twelve months, Congers's appreciation rate has been -0.19%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Congers were at 0.66%, which equates to an annual appreciation rate of 2.68%.

Relative to New York, our data show that Congers's latest annual appreciation rate is lower than 80% of the other cities and towns in New York.

Average Home Values

 

Median Home Value:
$488,432

Congers, NY HOME PRICES

Value Range
> $1,054,000 1.8
$790,001 - $1,054,000 4.4
$527,001 - $790,000 23.9
$421,001 - $527,000 30.7
$316,001 - $421,000 31.6
$211,001 - $316,000 5.3
$105,001 - $211,000 1.0
$52,001 - $105,000 0.4
$0 - $52,000 0.9

Very High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
6.21703972811438 17.8451178451178

Number Of Homes And Apartments:
2,874

Congers Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NY*
Compared To
America*
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
45.96% 2.22% 3 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,340 / per month

Homeownership Rate

Homeownership
Owners 85.42
Renters 14.58
Vacant 1.64

Housing Market Details

 

Age of Homes

AGE OF Congers HOMES
2000 or Newer 7.5
1970 - 1999 39.8
1940 - 1969 40.0
1939 or Older 12.6

Types of Homes

TYPE OF Congers HOMES
Single-Family 78.8
Townhomes 9.2
Small Apt. Buildings 5.4
Apt. Complexes 6.6
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Congers HOMES
No Bedroom 0.51
1 Bedroom 7.32
2 Bedrooms 11.29
3 Bedrooms 34.09
4 Bedrooms 35.49
5 or more bedrooms 11.29