Hadley, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Hadley Neighborhoods Since 2000




Hadley, 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

Hadley Housing Market Information

With 1,014 people, 408 houses or apartments, and a median cost of homes of $162,724, Hadley real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Hadley, accounting for 73.74% of the town's housing units. Other types of housing that are prevalent in Hadley include duplexes, homes converted to apartments or other small apartment buildings ( 16.76%), mobile homes or trailers ( 8.57%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Hadley. Owner-occupied housing accounts for 74.51% of Hadley's homes, and 59.96% 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. Hadley's housing was primarily built during this period, from the '40s through the '60s. A full 34.45% of the town's housing hails from this era. Other housing ages represented in Hadley include homes built between 1970-1999 ( 29.61%) and housing constructed before 1939 ( 20.86%). There's also some housing in Hadley built between 2000 and later ( 15.08%).

Vacant housing appears to be an issue in Hadley. Fully 24.02% of the housing stock is classified as vacant. Left unchecked, vacant Hadley homes and apartments can be a drag on the real estate market, holding Hadley 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.

Hadley Home Appreciation Rates

Appreciation rates for homes in Hadley have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 1.79%, which ranks in the top 50% nationwide. This equates to an annual average Hadley house appreciation rate of 0.18%.

Over the last year, Hadley appreciation rates have trailed the rest of the nation. In the last twelve months, Hadley's appreciation rate has been 1.68%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Hadley were at 0.82%, which equates to an annual appreciation rate of 3.32%.

Relative to New York, our data show that Hadley's latest annual appreciation rate is lower than 60% of the other cities and towns in New York.

Average Home Values

 

Median Home Value:
$162,724

Hadley, NY HOME PRICES

Value Range
> $1,053,000 0.0
$790,001 - $1,053,000 0.0
$527,001 - $790,000 0.0
$421,001 - $527,000 2.5
$316,001 - $421,000 4.2
$211,001 - $316,000 23.0
$105,001 - $211,000 53.2
$53,001 - $105,000 10.6
$0 - $53,000 6.4

Average for NY
Average for Nation

Value Relative to Nation Value Relative to State
44.5447087776866 54.2087542087542

Number Of Homes And Apartments:
408

Hadley 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
89.79% 3.78% 10 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,019 / per month

Homeownership Rate

Homeownership
Owners 74.51
Renters 25.49
Vacant 24.02

Housing Market Details

 

Age of Homes

AGE OF Hadley HOMES
2000 or Newer 15.1
1970 - 1999 29.6
1940 - 1969 34.5
1939 or Older 20.9

Types of Homes

TYPE OF Hadley HOMES
Single-Family 73.7
Townhomes 0.9
Small Apt. Buildings 16.8
Apt. Complexes 0.0
Mobile Homes 8.6
Other 0.0

Home Size

SIZE OF Hadley HOMES
No Bedroom 1.68
1 Bedroom 1.86
2 Bedrooms 35.75
3 Bedrooms 46.74
4 Bedrooms 13.22
5 or more bedrooms 0.74

Popular Neighborhoods in Hadley

Zip Codes in Hadley, NY