Highland Falls, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Highland Falls Neighborhoods Since 2000




Highland Falls, 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

Highland Falls Housing Market Information

With a population of 3,841, 1,781 total housing units (homes and apartments), and a median house value of $221,823, Highland Falls real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Highland Falls, accounting for 48.76% of the village's housing units. Other types of housing that are prevalent in Highland Falls include duplexes, homes converted to apartments or other small apartment buildings ( 27.02%), large apartment complexes or high rise apartments ( 18.67%), and a few mobile homes or trailers ( 2.91%).

People in Highland Falls primarily live in small (one, two or no bedroom) single-family detached homes. Highland Falls has a mixture of owner-occupied and renter-occupied housing.

The housing in Highland Falls was primarily built before 1939 ( 51.35%), making the housing stock in Highland Falls some of the oldest overall in America, although there is a range of ages of homes in Highland Falls. The next most important housing age is between 1940-1969 ( 34.74%), followed by between 1970-1999 ( 7.88%). There's also some housing in Highland Falls built between 2000 and later ( 6.03%).

Highland Falls Home Appreciation Rates

Homes have actually lost value in Highland Falls over the last then years, as home values have seen a decline of 24.19% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Highland Falls home appreciation rates at 0.66%, which equates to an annual appreciation rate of 2.68%.

Over the last year, Highland Falls appreciation rates have trailed the rest of the nation. In the last twelve months, Highland Falls's appreciation rate has been 2.33%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Highland Falls were at 0.66%, which equates to an annual appreciation rate of 2.68%.

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

Average Home Values

 

Median Home Value:
$221,823

Highland Falls, NY HOME PRICES

Value Range
> $1,032,000 0.5
$774,001 - $1,032,000 0.0
$516,001 - $774,000 1.0
$413,001 - $516,000 2.8
$310,001 - $413,000 8.7
$207,001 - $310,000 51.2
$103,001 - $207,000 27.1
$51,001 - $103,000 3.1
$0 - $51,000 5.7

Average for NY
High for Nation

Value Relative to Nation Value Relative to State
27.3291925465839 40.628507295174

Number Of Homes And Apartments:
1,781

Highland Falls 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
54.35% 2.55% 5 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,419 / per month

Homeownership Rate

Homeownership
Owners 44.64
Renters 55.36
Vacant 5.82

Housing Market Details

 

Age of Homes

AGE OF Highland Falls HOMES
2000 or Newer 6.0
1970 - 1999 7.9
1940 - 1969 34.7
1939 or Older 51.3

Types of Homes

TYPE OF Highland Falls HOMES
Single-Family 48.8
Townhomes 2.6
Small Apt. Buildings 27.0
Apt. Complexes 18.7
Mobile Homes 2.9
Other 0.0

Home Size

SIZE OF Highland Falls HOMES
No Bedroom 3.23
1 Bedroom 22.63
2 Bedrooms 24.48
3 Bedrooms 38.13
4 Bedrooms 8.78
5 or more bedrooms 2.75