Corinth, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Corinth Neighborhoods Since 2000




Corinth, 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

Corinth Housing Market Information

With 2,516 people, 980 houses or apartments, and a median cost of homes of $143,133, Corinth 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 Corinth, accounting for 58.53% of the village's housing units. Other types of housing that are prevalent in Corinth include duplexes, homes converted to apartments or other small apartment buildings ( 25.07%), large apartment complexes or high rise apartments ( 10.61%), and a few mobile homes or trailers ( 4.53%).

The most prevalent building size and type in Corinth are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 62.00% owning and 38.00% renting.

The housing in Corinth was primarily built before 1939 ( 52.75%), making the housing stock in Corinth some of the oldest overall in America, although there is a range of ages of homes in Corinth. The next most important housing age is between 1940-1969 ( 28.93%), followed by between 1970-1999 ( 11.96%). There's also some housing in Corinth built between 2000 and later ( 6.36%).

Corinth Home Appreciation Rates

Appreciation rates for homes in Corinth have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 4.71%, which ranks in the top 40% nationwide. This equates to an annual average Corinth house appreciation rate of 0.46%.

Over the last year, Corinth appreciation rates have trailed the rest of the nation. In the last twelve months, Corinth's appreciation rate has been 1.92%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Corinth were at 0.82%, which equates to an annual appreciation rate of 3.32%.

Relative to New York, our data show that Corinth's latest annual appreciation rate is lower than 50% of the other cities and towns in New York.

Average Home Values

 

Median Home Value:
$143,133

Corinth, NY HOME PRICES

Value Range
> $1,056,000 1.0
$792,001 - $1,056,000 0.0
$528,001 - $792,000 0.0
$422,001 - $528,000 0.4
$317,001 - $422,000 0.0
$211,001 - $317,000 5.4
$106,001 - $211,000 73.4
$53,001 - $106,000 17.3
$0 - $53,000 2.5

Low for NY
Average for Nation

Value Relative to Nation Value Relative to State
53.2755185749443 62.6262626262626

Number Of Homes And Apartments:
980

Corinth 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
82.60% 3.55% 9 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$963 / per month

Homeownership Rate

Homeownership
Owners 62.00
Renters 38.00
Vacant 5.50

Housing Market Details

 

Age of Homes

AGE OF Corinth HOMES
2000 or Newer 6.4
1970 - 1999 12.0
1940 - 1969 28.9
1939 or Older 52.7

Types of Homes

TYPE OF Corinth HOMES
Single-Family 58.5
Townhomes 1.3
Small Apt. Buildings 25.1
Apt. Complexes 10.6
Mobile Homes 4.5
Other 0.0

Home Size

SIZE OF Corinth HOMES
No Bedroom 0.29
1 Bedroom 14.66
2 Bedrooms 31.44
3 Bedrooms 32.88
4 Bedrooms 19.29
5 or more bedrooms 1.45