East Aurora, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating East Aurora Neighborhoods Since 2000




East Aurora, 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

East Aurora Housing Market Information

With 6,236 people, 2,540 houses or apartments, and a median cost of homes of $203,106, East Aurora real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in East Aurora, accounting for 58.54% of the village's housing units. Other types of housing that are prevalent in East Aurora include duplexes, homes converted to apartments or other small apartment buildings ( 26.90%), large apartment complexes or high rise apartments ( 9.36%), and a few row houses and other attached homes ( 4.77%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in East Aurora. Owner-occupied housing accounts for 67.71% of East Aurora's homes, and 54.56% have either three or four bedrooms, which is average sized relative to America.

The housing in East Aurora was primarily built before 1939 ( 52.47%), making the housing stock in East Aurora some of the oldest overall in America, although there is a range of ages of homes in East Aurora. The next most important housing age is between 1940-1969 ( 24.57%), followed by between 1970-1999 ( 20.80%). There's also some housing in East Aurora built between 2000 and later ( 2.15%).

East Aurora Home Appreciation Rates

In the last 10 years, East Aurora has experienced some of the highest home appreciation rates of any community in the nation. East Aurora real estate appreciated 23.74% over the last ten years, which is an average annual home appreciation rate of 2.15%, putting East Aurora in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, East Aurora definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, East Aurora's appreciation rate, at 5.32%, has been at or slightly above the national average. In the latest quarter, East Aurora's appreciation rate has been -0.40%, which annualizes to a rate of -1.57%.

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

Average Home Values

 

Median Home Value:
$203,106

East Aurora, NY HOME PRICES

Value Range
> $1,120,000 0.1
$840,001 - $1,120,000 1.1
$560,001 - $840,000 2.1
$448,001 - $560,000 2.2
$336,001 - $448,000 9.0
$224,001 - $336,000 24.2
$112,001 - $224,000 52.1
$56,001 - $112,000 5.3
$0 - $56,000 3.9

Average for NY
High for Nation

Value Relative to Nation Value Relative to State
31.5246689323802 44.2199775533109

Number Of Homes And Apartments:
2,540

East Aurora 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
56.68% 2.64% 5 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$993 / per month

Homeownership Rate

Homeownership
Owners 67.71
Renters 32.29
Vacant 8.90

Housing Market Details

 

Age of Homes

AGE OF East Aurora HOMES
2000 or Newer 2.2
1970 - 1999 20.8
1940 - 1969 24.6
1939 or Older 52.5

Types of Homes

TYPE OF East Aurora HOMES
Single-Family 58.5
Townhomes 4.8
Small Apt. Buildings 26.9
Apt. Complexes 9.4
Mobile Homes 0.4
Other 0.0

Home Size

SIZE OF East Aurora HOMES
No Bedroom 0.00
1 Bedroom 9.90
2 Bedrooms 30.77
3 Bedrooms 35.47
4 Bedrooms 19.08
5 or more bedrooms 4.77