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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 2,155, 980 total housing units (homes and apartments), and a median house value of $248,809, Fishkill real estate prices are well above average cost compared to national prices.
Large apartment complexes or high rise apartments are the single most common housing type in Fishkill, accounting for 46.11% of the village's housing units. Other types of housing that are prevalent in Fishkill include single-family detached homes ( 32.16%), duplexes, homes converted to apartments or other small apartment buildings ( 21.74%). Villages with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact villages that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.
People in Fishkill primarily live in small (one, two or no bedroom) units, chiefly found in large apartment complexes or high rise apartments. Fishkill has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in Fishkill built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Fishkill built before 1939 ( 20.65%). A lesser amount of the housing stock also hails from between 1940-1969 ( 17.84%). There's also some housing in Fishkill built between 2000 and later ( 17.03%).
Vacant housing appears to be an issue in Fishkill. Fully 11.23% of the housing stock is classified as vacant. Left unchecked, vacant Fishkill homes and apartments can be a drag on the real estate market, holding Fishkill real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Some of the lowest real estate appreciation rates in America over the last ten years have been in Fishkill, where house values have increased just 5.75%, which is annualized rate of 0.56%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Over the last year, Fishkill appreciation rates have trailed the rest of the nation. In the last twelve months, Fishkill's appreciation rate has been 3.61%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Fishkill were at 0.74%, which equates to an annual appreciation rate of 2.98%.
Notably, Fishkill's appreciation rate in the latest quarter is one of the lowest in America.
Relative to New York, our data show that Fishkill'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 village. Individual neighborhoods within Fishkill differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Fishkill - 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 Fishkill real estate investment or home purchase decisions.
High for Nation
Average for NY