Henrietta, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Henrietta Neighborhoods Since 2000




Henrietta, 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

Henrietta Housing Market Information

With a population of 13,638, 2,879 total housing units (homes and apartments), and a median house value of $166,746, Henrietta 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 Henrietta, accounting for 73.74% of the town's housing units. Other types of housing that are prevalent in Henrietta include large apartment complexes or high rise apartments ( 18.43%), duplexes, homes converted to apartments or other small apartment buildings ( 5.51%), and a few row houses and other attached homes ( 2.32%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Henrietta. Owner-occupied housing accounts for 72.56% of Henrietta's homes, and 69.70% 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. Henrietta's housing was primarily built during this period, from the '40s through the '60s. A full 46.82% of the town's housing hails from this era. Other housing ages represented in Henrietta include homes built between 1970-1999 ( 34.94%) and housing constructed between 2000 and later ( 15.22%). There's also some housing in Henrietta built before 1939 ( 3.02%).

Henrietta Home Appreciation Rates

Appreciation rates for homes in Henrietta have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 8.23%, which ranks in the top 40% nationwide. This equates to an annual average Henrietta house appreciation rate of 0.79%.

Over the last year, Henrietta appreciation rates have trailed the rest of the nation. In the last twelve months, Henrietta's appreciation rate has been 2.98%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Henrietta were at -0.57%, which equates to an annual appreciation rate of -2.26%.

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

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

Average Home Values

 

Median Home Value:
$166,746

Henrietta, NY HOME PRICES

Value Range
> $1,056,000 1.1
$791,001 - $1,056,000 0.0
$528,001 - $791,000 0.0
$422,001 - $528,000 0.8
$317,001 - $422,000 0.9
$211,001 - $317,000 13.6
$106,001 - $211,000 75.4
$53,001 - $106,000 6.5
$0 - $53,000 1.9

Average for NY
Average for Nation

Value Relative to Nation Value Relative to State
42.8981600843783 52.7497194163861

Number Of Homes And Apartments:
2,879

Henrietta 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
30.22% 1.54% 2 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,198 / per month

Homeownership Rate

Homeownership
Owners 72.56
Renters 27.44
Vacant 4.11

Housing Market Details

 

Age of Homes

AGE OF Henrietta HOMES
2000 or Newer 15.2
1970 - 1999 34.9
1940 - 1969 46.8
1939 or Older 3.0

Types of Homes

TYPE OF Henrietta HOMES
Single-Family 73.7
Townhomes 2.3
Small Apt. Buildings 5.5
Apt. Complexes 18.4
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Henrietta HOMES
No Bedroom 0.93
1 Bedroom 10.61
2 Bedrooms 13.59
3 Bedrooms 50.97
4 Bedrooms 18.72
5 or more bedrooms 5.17