Fishkill, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Fishkill Neighborhoods Since 2000




Fishkill, 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

Fishkill Housing Market Information

With a population of 2,133, 993 total housing units (homes and apartments), and a median house value of $223,016, 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 60.16% of the village's housing units. Other types of housing that are prevalent in Fishkill include single-family detached homes ( 20.76%), duplexes, homes converted to apartments or other small apartment buildings ( 15.81%), and a few row houses and other attached homes ( 3.27%). This particular housing mix is relatively uncommon and characteristic of villages that are compact and walkable, and which often have a lively downtown.

Fishkill is dominated by renter-occupied one, two, or no bedrooms apartments. 67.17% of Fishkill's dwellings are rentals.

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 between 2000 and later ( 19.61%). A lesser amount of the housing stock also hails from between 1940-1969 ( 17.14%). There's also some housing in Fishkill built before 1939 ( 16.61%).

Vacant housing appears to be an issue in Fishkill. Fully 12.28% 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.

Fishkill Home Appreciation Rates

Homes have actually lost value in Fishkill over the last then years, as home values have seen a decline of 26.99% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Fishkill home appreciation rates at 0.66%, which equates to an annual appreciation rate of 2.68%.

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 1.16%, 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 0.66%, which equates to an annual appreciation rate of 2.68%.

Relative to New York, our data show that Fishkill's latest annual appreciation rate is lower than 60% 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.

Average Home Values

 

Median Home Value:
$223,016

Fishkill, NY HOME PRICES

Value Range
> $1,034,000 0.0
$775,001 - $1,034,000 4.6
$517,001 - $775,000 3.8
$414,001 - $517,000 0.0
$310,001 - $414,000 16.3
$207,001 - $310,000 28.8
$104,001 - $207,000 43.5
$52,001 - $104,000 1.6
$0 - $52,000 1.3

Average for NY
High for Nation

Value Relative to Nation Value Relative to State
27.1651236376421 40.5162738496072

Number Of Homes And Apartments:
993

Fishkill 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
20.86% 1.10% 1 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,016 / per month

Homeownership Rate

Homeownership
Owners 32.83
Renters 67.17
Vacant 12.28

Housing Market Details

 

Age of Homes

AGE OF Fishkill HOMES
2000 or Newer 19.6
1970 - 1999 46.6
1940 - 1969 17.1
1939 or Older 16.6

Types of Homes

TYPE OF Fishkill HOMES
Single-Family 20.8
Townhomes 3.3
Small Apt. Buildings 15.8
Apt. Complexes 60.2
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Fishkill HOMES
No Bedroom 5.48
1 Bedroom 36.22
2 Bedrooms 29.51
3 Bedrooms 16.96
4 Bedrooms 7.33
5 or more bedrooms 4.51