Grahamsville, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Grahamsville, NY Real Estate Data


Grahamsville Housing Market Information

With 4,730 people, 1,215 houses or apartments, and a median cost of homes of $199,959, 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 79.57% of the town's housing units. Other types of housing that are prevalent in Grahamsville include mobile homes or trailers ( 14.65%), duplexes, homes converted to apartments or other small apartment buildings ( 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 Grahamsville. Owner-occupied housing accounts for 79.98% of Grahamsville's homes, and 49.36% 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 ( 22.43%). A lesser amount of the housing stock also hails from before 1939 ( 16.74%). There's also some housing in Grahamsville built between 2000 and later ( 11.86%).

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 -0.55% 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 1.30%, 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 1.18%, which equates to an annual appreciation rate of 4.80%.

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

Average Home Values

 

Median Home Value:
$199,959

Grahamsville, NY HOME PRICES

Value Range
> $1,022,000 2.8
$766,001 - $1,022,000 2.8
$511,001 - $766,000 4.9
$409,001 - $511,000 2.8
$307,001 - $409,000 12.7
$204,001 - $307,000 20.8
$102,001 - $204,000 33.3
$51,001 - $102,000 9.2
$0 - $51,000 10.6

Average for NY
High for Nation

Value Relative to Nation Value Relative to State
33.1791298237395 44.668911335578

Number Of Homes And Apartments:
1,215

Rent & Ownership

 

Average Market Rent:
$865 / per month

Homeownership Rate

Homeownership
Owners 79.98
Renters 20.02
Vacant 35.65

Housing Market Details

 

Age of Homes

AGE OF Grahamsville HOMES
2000 or Newer 11.9
1970 - 1999 49.0
1940 - 1969 22.4
1939 or Older 16.7

Types of Homes

TYPE OF Grahamsville HOMES
Single-Family 79.6
Townhomes 0.6
Small Apt. Buildings 4.8
Apt. Complexes 0.4
Mobile Homes 14.6
Other 0.0

Home Size

SIZE OF Grahamsville HOMES
No Bedroom 2.33
1 Bedroom 11.78
2 Bedrooms 31.48
3 Bedrooms 36.14
4 Bedrooms 13.22
5 or more bedrooms 5.05

Grahamsville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NY*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
64.74% 2.98% 7 8
* 10 is highest

Popular Neighborhoods in Grahamsville

Zip Codes in Grahamsville, NY