Grahamsville, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Grahamsville, 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

Grahamsville Housing Market Information

With 4,730 people, 1,119 houses or apartments, and a median cost of homes of $213,841, Grahamsville real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Grahamsville, accounting for 77.10% of the town's housing units. Other types of housing that are prevalent in Grahamsville include mobile homes or trailers ( 17.05%), duplexes, homes converted to apartments or other small apartment buildings ( 4.92%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Grahamsville. Owner-occupied housing accounts for 80.28% of Grahamsville's homes, and 50.86% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Grahamsville 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 Grahamsville built between 1940-1969 ( 19.77%). A lesser amount of the housing stock also hails from before 1939 ( 19.34%). There's also some housing in Grahamsville built between 2000 and later ( 11.46%).

A decent proportion of the Grahamsville housing stock is seasonally occupied. That is, homes and condos in Grahamsville are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. This characteristic of the Grahamsville housing market speaks to its popularity as a vacation location of choice.

Grahamsville Home Appreciation Rates

Real estate appreciation rates in Grahamsville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 0.01% during the period.

Over the last year, Grahamsville appreciation rates have trailed the rest of the nation. In the last twelve months, Grahamsville's appreciation rate has been 2.56%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Grahamsville were at -1.00%, which equates to an annual appreciation rate of -3.92%.

Notably, Grahamsville's appreciation rate in the latest quarter is one of the lowest in America.

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

Average Home Values

 

Median Home Value:
$213,841

Grahamsville, NY HOME PRICES

Value Range
> $1,045,000 2.6
$784,001 - $1,045,000 3.0
$523,001 - $784,000 4.4
$418,001 - $523,000 1.7
$313,001 - $418,000 12.4
$209,001 - $313,000 28.9
$104,001 - $209,000 28.3
$52,001 - $104,000 10.4
$0 - $52,000 8.4

Average for NY
High for Nation

Value Relative to Nation Value Relative to State
29.0226180710184 41.9753086419753

Number Of Homes And Apartments:
1,119

Grahamsville 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
77.36% 3.38% 9 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,121 / per month

Homeownership Rate

Homeownership
Owners 80.28
Renters 19.72
Vacant 39.47

Housing Market Details

 

Age of Homes

AGE OF Grahamsville HOMES
2000 or Newer 11.5
1970 - 1999 49.4
1940 - 1969 19.8
1939 or Older 19.3

Types of Homes

TYPE OF Grahamsville HOMES
Single-Family 77.1
Townhomes 0.5
Small Apt. Buildings 4.9
Apt. Complexes 0.4
Mobile Homes 17.1
Other 0.0

Home Size

SIZE OF Grahamsville HOMES
No Bedroom 3.62
1 Bedroom 9.09
2 Bedrooms 29.57
3 Bedrooms 37.54
4 Bedrooms 13.32
5 or more bedrooms 6.86

Popular Neighborhoods in Grahamsville

Zip Codes in Grahamsville, NY