Holbrook, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Holbrook Neighborhoods Since 2000




Holbrook, 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

Holbrook Housing Market Information

With a population of 27,308, 9,041 total housing units (homes and apartments), and a median house value of $387,036, real estate costs in Holbrook are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive New York communities.

Single-family detached homes are the single most common housing type in Holbrook, accounting for 70.18% of the town's housing units. Other types of housing that are prevalent in Holbrook include large apartment complexes or high rise apartments ( 15.24%), row houses and other attached homes ( 6.48%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.39%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Holbrook. Owner-occupied housing accounts for 78.86% of Holbrook's homes, and 63.35% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Holbrook 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 Holbrook built between 1940-1969 ( 30.21%). A lesser amount of the housing stock also hails from between 2000 and later ( 5.45%). There's also some housing in Holbrook built before 1939 ( 3.68%).

Holbrook Home Appreciation Rates

Holbrook's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Holbrook during the period has been just -1.43%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Holbrook's appreciation rate, at 4.89%, has been at or slightly above the national average. In the latest quarter, Holbrook's appreciation rate has been 0.66%, which annualizes to a rate of 2.68%.

Relative to New York, our data show that Holbrook'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 Holbrook differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Holbrook - 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 Holbrook real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$387,036

Holbrook, NY HOME PRICES

Value Range
> $1,083,000 0.6
$812,001 - $1,083,000 0.5
$542,001 - $812,000 6.9
$434,001 - $542,000 18.6
$325,001 - $434,000 52.7
$216,001 - $325,000 14.2
$108,001 - $216,000 1.6
$54,001 - $108,000 1.6
$0 - $54,000 3.3

High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
10.0609398804641 24.8035914702581

Number Of Homes And Apartments:
9,041

Holbrook 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
66.60% 3.00% 7 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,369 / per month

Homeownership Rate

Homeownership
Owners 78.86
Renters 21.14
Vacant 4.00

Housing Market Details

 

Age of Homes

AGE OF Holbrook HOMES
2000 or Newer 5.4
1970 - 1999 60.7
1940 - 1969 30.2
1939 or Older 3.7

Types of Homes

TYPE OF Holbrook HOMES
Single-Family 70.2
Townhomes 6.5
Small Apt. Buildings 6.4
Apt. Complexes 15.2
Mobile Homes 1.7
Other 0.0

Home Size

SIZE OF Holbrook HOMES
No Bedroom 1.05
1 Bedroom 11.16
2 Bedrooms 17.45
3 Bedrooms 35.69
4 Bedrooms 27.66
5 or more bedrooms 7.00