Hicksville, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Hicksville Neighborhoods Since 2000




Hicksville, 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

Hicksville Housing Market Information

With 42,175 people, 13,329 houses or apartments, and a median cost of homes of $460,827, Hicksville house prices are not only among the most expensive in New York, Hicksville 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 Hicksville, accounting for 89.70% of the town's housing units. Other types of housing that are prevalent in Hicksville include duplexes, homes converted to apartments or other small apartment buildings ( 7.97%), large apartment complexes or high rise apartments ( 1.47%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Hicksville. Owner-occupied housing accounts for 85.53% of Hicksville's homes, and 76.07% 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. Hicksville's housing was primarily built during this period, from the '40s through the '60s. A full 85.80% of the town's housing hails from this era. Other housing ages represented in Hicksville include homes built before 1939 ( 8.06%) and housing constructed between 1970-1999 ( 4.71%). There's also some housing in Hicksville built between 2000 and later ( 1.43%).

Hicksville Home Appreciation Rates

Real estate appreciation rates in Hicksville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.46% during the period.

NeighborhoodScout's data show that during the latest twelve months, Hicksville's appreciation rate, at 4.75%, has been at or slightly above the national average. In the latest quarter, Hicksville's appreciation rate has been 0.66%, which annualizes to a rate of 2.68%.

Relative to New York, our data show that Hicksville's latest annual appreciation rate is higher than 70% of the other cities and towns in New York.

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Hicksville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Hicksville - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Hicksville real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$460,827

Hicksville, NY HOME PRICES

Value Range
> $1,154,000 1.0
$866,001 - $1,154,000 0.8
$577,001 - $866,000 13.2
$462,001 - $577,000 34.0
$346,001 - $462,000 42.4
$231,001 - $346,000 5.4
$115,001 - $231,000 0.3
$58,001 - $115,000 0.2
$0 - $58,000 2.7

Very High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
7.04910348060471 19.6408529741863

Number Of Homes And Apartments:
13,329

Hicksville 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
72.76% 3.22% 8 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,316 / per month

Homeownership Rate

Homeownership
Owners 85.53
Renters 14.47
Vacant 4.97

Housing Market Details

 

Age of Homes

AGE OF Hicksville HOMES
2000 or Newer 1.4
1970 - 1999 4.7
1940 - 1969 85.8
1939 or Older 8.1

Types of Homes

TYPE OF Hicksville HOMES
Single-Family 89.7
Townhomes 0.8
Small Apt. Buildings 8.0
Apt. Complexes 1.5
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Hicksville HOMES
No Bedroom 0.56
1 Bedroom 3.72
2 Bedrooms 10.97
3 Bedrooms 45.64
4 Bedrooms 30.42
5 or more bedrooms 8.68