Croton-on-Hudson, NY Real Estate Market

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 Q3 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Croton-on-Hudson, NY Housing Market Trends

With a population of 8,327, 2,938 total housing units (homes and apartments), and a median house value of $689,270, Croton-on-Hudson house prices are not only among the most expensive in New York, Croton-on-Hudson 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 Croton-on-Hudson, accounting for 64.88% of the village's housing units. Other types of housing that are prevalent in Croton-on-Hudson include duplexes, homes converted to apartments or other small apartment buildings ( 13.53%), row houses and other attached homes ( 11.59%), and a few large apartment complexes or high rise apartments ( 9.64%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Croton-on-Hudson. Owner-occupied housing accounts for 73.34% of Croton-on-Hudson's homes, and 66.50% 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. Croton-on-Hudson's housing was primarily built during this period, from the '40s through the '60s. A full 35.05% of the village's housing hails from this era. Other housing ages represented in Croton-on-Hudson include homes built before 1939 ( 31.29%) and housing constructed between 1970-1999 ( 24.86%). There's also some housing in Croton-on-Hudson built between 2000 and later ( 8.80%).

Croton-on-Hudson Home Appreciation Rates

Appreciation rates for homes in Croton-on-Hudson have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 49.44%, which ranks in the top 50% nationwide. This equates to an annual average Croton-on-Hudson house appreciation rate of 4.10%.

Over the last year, Croton-on-Hudson appreciation rates have trailed the rest of the nation. In the last twelve months, Croton-on-Hudson's appreciation rate has been 11.76%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Croton-on-Hudson were at 3.57%, which equates to an annual appreciation rate of 15.07%.

Notably, Croton-on-Hudson's appreciation rate in the latest quarter is one of the lowest in America.

Relative to New York, our data show that Croton-on-Hudson's latest annual appreciation rate is lower than 70% of the other cities and towns in New York.

Average Home Values

 

Median Home Value:
$689,270

Croton-on-Hudson, NY HOME PRICES

> $1,245,000
2.9%
2.9%
$933,001 - $1,245,000
12.1%
12.1%
$622,001 - $933,000
43.1%
43.1%
$498,001 - $622,000
21.7%
21.7%
$374,001 - $498,000
13.3%
13.3%
$249,001 - $374,000
2.8%
2.8%
$125,001 - $249,000
0.0%
0.0%
$62,001 - $125,000
0.0%
0.0%
$0 - $62,000
4.2%
4.2%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for NY

Value Relative To Nation

Number Of Homes And Apartments:
2,938

Croton-on-Hudson Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NY*
Compared To
America*
Latest Quarter:
2021 Q2 - 2021 Q3
Last 12 Months:
2020 Q3 - 2021 Q3
Last 2 Years:
2019 Q3 - 2021 Q3
Last 5 Years:
2016 Q3 - 2021 Q3
Last 10 Years:
2011 Q3 - 2021 Q3
Since 2000:
2000 Q1 - 2021 Q3
105.94% 3.38%
5
7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$3,052 / per month

Homeownership Rate

Owners
73.3%
73.3%
Renters
26.7%
26.7%
Vacant
4.6%
4.6%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
8.8%
8.8%
1970 - 1999
24.9%
24.9%
1940 - 1969
35.1%
35.1%
1939 or Older
31.3%
31.3%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
64.9%
64.9%
Townhomes
11.6%
11.6%
Small Apt. Buildings
13.5%
13.5%
Apt. Complexes
9.6%
9.6%
Mobile Homes
0.0%
0.0%
Other
0.4%
0.4%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.7%
0.7%
1 Bedroom
10.3%
10.3%
2 Bedrooms
18.4%
18.4%
3 Bedrooms
43.0%
43.0%
4 Bedrooms
23.5%
23.5%
5 or more bedrooms
4.1%
4.1%
0.0% 100.0%
% OF HOMES

Popular Neighborhoods in Croton-on-Hudson

Zip Codes in Croton-on-Hudson, NY