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Hadley, NY Real Estate Market

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 Q2 2022. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Hadley, NY Housing Market Trends

With 1,124 people, 388 houses or apartments, and a median cost of homes of $230,137, 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 80.63% of the town's housing units. Other types of housing that are prevalent in Hadley include mobile homes or trailers ( 10.28%), duplexes, homes converted to apartments or other small apartment buildings ( 9.09%).

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 74.68% of Hadley's homes, and 59.09% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Hadley 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 Hadley built between 1940-1969 ( 23.91%). A lesser amount of the housing stock also hails from before 1939 ( 19.76%). There's also some housing in Hadley built between 2000 and later ( 17.98%).

Vacant housing appears to be an issue in Hadley. Fully 23.32% 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

Hadley's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Hadley during the period has been just 3.74%, which is lower than 80% of US communities.

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 8.96%, 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 1.98%, which equates to an annual appreciation rate of 8.14%.

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

Average Home Values

 

Median Home Value:
$230,137

Hadley, NY HOME PRICES

> $1,271,000
$952,001 - $1,271,000
$635,001 - $952,000
$508,001 - $635,000
$381,001 - $508,000
$254,001 - $381,000
$127,001 - $254,000
$64,001 - $127,000
$0 - $64,000
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
2.3%
2.3%
21.1%
21.1%
15.1%
15.1%
53.8%
53.8%
5.7%
5.7%
2.0%
2.0%
0.0% 100.0%
% OF HOMES
Value Relative To State

Average for Nation

Average for NY

Value Relative To Nation

Number Of Homes And Apartments:
388

Hadley Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NY*
Compared To
America*
Latest Quarter:
2022 Q1 - 2022 Q2
Last 12 Months:
2021 Q2 - 2022 Q2
Last 2 Years:
2020 Q2 - 2022 Q2
Last 5 Years:
2017 Q2 - 2022 Q2
Last 10 Years:
2012 Q2 - 2022 Q2
Since 2000:
2000 Q1 - 2022 Q2
154.03% 4.23%
8
8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,421 / per month

Homeownership Rate

Owners
Renters
Vacant
74.7%
74.7%
25.3%
25.3%
23.3%
23.3%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
18.0%
18.0%
38.3%
38.3%
23.9%
23.9%
19.8%
19.8%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
80.6%
80.6%
0.0%
0.0%
9.1%
9.1%
0.0%
0.0%
10.3%
10.3%
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
6.7%
6.7%
33.0%
33.0%
46.6%
46.6%
12.5%
12.5%
1.2%
1.2%
0.0% 100.0%
% OF HOMES