Hauppauge, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Hauppauge Neighborhoods Since 2000




Hauppauge, 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

Hauppauge Housing Market Information

With a population of 20,977, 7,058 total housing units (homes and apartments), and a median house value of $500,616, Hauppauge house prices are not only among the most expensive in New York, Hauppauge real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Hauppauge, accounting for 76.46% of the town's housing units. Other types of housing that are prevalent in Hauppauge include large apartment complexes or high rise apartments ( 10.56%), row houses and other attached homes ( 7.10%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.73%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Hauppauge. Owner-occupied housing accounts for 83.45% of Hauppauge's homes, and 69.12% 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. Hauppauge's housing was primarily built during this period, from the '40s through the '60s. A full 56.70% of the town's housing hails from this era. Other housing ages represented in Hauppauge include homes built between 1970-1999 ( 36.16%) and housing constructed between 2000 and later ( 4.40%). There's also some housing in Hauppauge built before 1939 ( 2.74%).

Hauppauge Home Appreciation Rates

Hauppauge's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Hauppauge during the period has been just -1.11%, which is lower than 70% of US communities.

Over the last year, Hauppauge appreciation rates have trailed the rest of the nation. In the last twelve months, Hauppauge's appreciation rate has been 3.11%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Hauppauge were at 0.66%, which equates to an annual appreciation rate of 2.68%.

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

Average Home Values

 

Median Home Value:
$500,616

Hauppauge, NY HOME PRICES

Value Range
> $1,080,000 1.5
$810,001 - $1,080,000 4.8
$540,001 - $810,000 28.7
$432,001 - $540,000 37.5
$324,001 - $432,000 18.2
$216,001 - $324,000 5.9
$108,001 - $216,000 1.7
$54,001 - $108,000 0.0
$0 - $54,000 1.6

Very High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
5.94163834524786 16.9472502805836

Number Of Homes And Apartments:
7,058

Hauppauge 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
63.87% 2.90% 7 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,694 / per month

Homeownership Rate

Homeownership
Owners 83.45
Renters 16.55
Vacant 4.19

Housing Market Details

 

Age of Homes

AGE OF Hauppauge HOMES
2000 or Newer 4.4
1970 - 1999 36.2
1940 - 1969 56.7
1939 or Older 2.7

Types of Homes

TYPE OF Hauppauge HOMES
Single-Family 76.5
Townhomes 7.1
Small Apt. Buildings 5.7
Apt. Complexes 10.6
Mobile Homes 0.0
Other 0.1

Home Size

SIZE OF Hauppauge HOMES
No Bedroom 0.45
1 Bedroom 10.02
2 Bedrooms 10.70
3 Bedrooms 35.67
4 Bedrooms 33.45
5 or more bedrooms 9.72