Copiague, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Copiague Neighborhoods Since 2000




Copiague, 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

Copiague Housing Market Information

With a population of 23,066, 7,513 total housing units (homes and apartments), and a median house value of $322,355, real estate costs in Copiague are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive New York communities.

Single-family detached homes are the single most common housing type in Copiague, accounting for 74.85% of the town's housing units. Other types of housing that are prevalent in Copiague include duplexes, homes converted to apartments or other small apartment buildings ( 16.10%), large apartment complexes or high rise apartments ( 4.87%), and a few row houses and other attached homes ( 4.18%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Copiague. Owner-occupied housing accounts for 72.11% of Copiague's homes, and 54.45% 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. Copiague's housing was primarily built during this period, from the '40s through the '60s. A full 61.13% of the town's housing hails from this era. Other housing ages represented in Copiague include homes built between 1970-1999 ( 24.11%) and housing constructed before 1939 ( 9.81%). There's also some housing in Copiague built between 2000 and later ( 4.95%).

Copiague Home Appreciation Rates

Homes have actually lost value in Copiague over the last then years, as home values have seen a decline of 22.60% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Copiague home appreciation rates at 0.66%, which equates to an annual appreciation rate of 2.68%.

NeighborhoodScout's data show that during the latest twelve months, Copiague's appreciation rate, at 5.28%, has been at or slightly above the national average. In the latest quarter, Copiague's appreciation rate has been 0.66%, which annualizes to a rate of 2.68%.

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

Average Home Values

 

Median Home Value:
$322,355

Copiague, NY HOME PRICES

Value Range
> $1,115,000 0.7
$836,001 - $1,115,000 0.4
$558,001 - $836,000 6.1
$446,001 - $558,000 10.6
$335,001 - $446,000 31.1
$223,001 - $335,000 40.3
$112,001 - $223,000 6.3
$56,001 - $112,000 1.1
$0 - $56,000 3.4

High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
14.3443103246221 30.3030303030303

Number Of Homes And Apartments:
7,513

Copiague 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
63.00% 2.87% 7 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,313 / per month

Homeownership Rate

Homeownership
Owners 72.11
Renters 27.89
Vacant 5.37

Housing Market Details

 

Age of Homes

AGE OF Copiague HOMES
2000 or Newer 5.0
1970 - 1999 24.1
1940 - 1969 61.1
1939 or Older 9.8

Types of Homes

TYPE OF Copiague HOMES
Single-Family 74.8
Townhomes 4.2
Small Apt. Buildings 16.1
Apt. Complexes 4.9
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Copiague HOMES
No Bedroom 1.62
1 Bedroom 12.82
2 Bedrooms 21.95
3 Bedrooms 34.64
4 Bedrooms 19.81
5 or more bedrooms 9.14