East Northport, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating East Northport Neighborhoods Since 2000




East Northport, 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 Northport Housing Market Information

With a population of 20,362, 7,034 total housing units (homes and apartments), and a median house value of $475,916, East Northport house prices are not only among the most expensive in New York, East Northport 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 East Northport, accounting for 88.29% of the town's housing units. Other types of housing that are prevalent in East Northport include duplexes, homes converted to apartments or other small apartment buildings ( 7.13%), large apartment complexes or high rise apartments ( 2.53%), and a few row houses and other attached homes ( 2.04%).

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 Northport. Owner-occupied housing accounts for 82.76% of East Northport's homes, and 73.38% 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. East Northport's housing was primarily built during this period, from the '40s through the '60s. A full 67.99% of the town's housing hails from this era. Other housing ages represented in East Northport include homes built between 1970-1999 ( 16.47%) and housing constructed before 1939 ( 13.73%). There's also some housing in East Northport built between 2000 and later ( 1.81%).

East Northport Home Appreciation Rates

East Northport's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in East Northport during the period has been just -0.93%, which is lower than 70% of US communities.

Over the last year, East Northport appreciation rates have trailed the rest of the nation. In the last twelve months, East Northport's appreciation rate has been 2.46%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in East Northport were at 0.66%, which equates to an annual appreciation rate of 2.68%.

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

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within East Northport differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in East Northport - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best East Northport real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$475,916

East Northport, NY HOME PRICES

Value Range
> $1,070,000 0.8
$803,001 - $1,070,000 4.1
$536,001 - $803,000 21.7
$428,001 - $536,000 36.8
$321,001 - $428,000 29.0
$214,001 - $321,000 4.1
$107,001 - $214,000 1.1
$54,001 - $107,000 0.8
$0 - $54,000 1.8

Very High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
6.59791398101488 18.6307519640853

Number Of Homes And Apartments:
7,034

East Northport 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
59.65% 2.75% 6 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,454 / per month

Homeownership Rate

Homeownership
Owners 82.76
Renters 17.24
Vacant 3.68

Housing Market Details

 

Age of Homes

AGE OF East Northport HOMES
2000 or Newer 1.8
1970 - 1999 16.5
1940 - 1969 68.0
1939 or Older 13.7

Types of Homes

TYPE OF East Northport HOMES
Single-Family 88.3
Townhomes 2.0
Small Apt. Buildings 7.1
Apt. Complexes 2.5
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF East Northport HOMES
No Bedroom 2.51
1 Bedroom 3.40
2 Bedrooms 13.97
3 Bedrooms 42.61
4 Bedrooms 30.77
5 or more bedrooms 6.75