Honeoye Falls, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Honeoye Falls Neighborhoods Since 2000




Honeoye 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

Honeoye Falls Housing Market Information

With a population of 2,711, 1,260 total housing units (homes and apartments), and a median house value of $172,789, Honeoye Falls 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 Honeoye Falls, accounting for 51.11% of the village's housing units. Other types of housing that are prevalent in Honeoye Falls include duplexes, homes converted to apartments or other small apartment buildings ( 22.75%), large apartment complexes or high rise apartments ( 19.72%), and a few row houses and other attached homes ( 6.06%).

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

The housing in Honeoye Falls was primarily built before 1939 ( 31.46%), making the housing stock in Honeoye Falls some of the oldest overall in America, although there is a range of ages of homes in Honeoye Falls. The next most important housing age is between 1970-1999 ( 29.76%), followed by between 1940-1969 ( 29.54%). There's also some housing in Honeoye Falls built between 2000 and later ( 9.23%).

Honeoye Falls Home Appreciation Rates

Real estate appreciation rates in Honeoye Falls's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.65% during the period.

NeighborhoodScout's data show that during the latest twelve months, Honeoye Falls's appreciation rate, at 3.24%, has been at or slightly above the national average. In the latest quarter, Honeoye Falls's appreciation rate has been -0.57%, which annualizes to a rate of -2.26%.

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

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

Average Home Values

 

Median Home Value:
$172,789

Honeoye Falls, NY HOME PRICES

Value Range
> $1,025,000 0.0
$769,001 - $1,025,000 0.0
$512,001 - $769,000 0.9
$410,001 - $512,000 2.0
$307,001 - $410,000 5.7
$205,001 - $307,000 27.5
$102,001 - $205,000 42.6
$51,001 - $102,000 16.9
$0 - $51,000 4.4

Average for NY
Average for Nation

Value Relative to Nation Value Relative to State
40.6363529825384 50.9539842873176

Number Of Homes And Apartments:
1,260

Honeoye 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
8.18% 0.46% 1 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$981 / per month

Homeownership Rate

Homeownership
Owners 59.93
Renters 40.07
Vacant 6.94

Housing Market Details

 

Age of Homes

AGE OF Honeoye Falls HOMES
2000 or Newer 9.2
1970 - 1999 29.8
1940 - 1969 29.5
1939 or Older 31.5

Types of Homes

TYPE OF Honeoye Falls HOMES
Single-Family 51.1
Townhomes 6.1
Small Apt. Buildings 22.7
Apt. Complexes 19.7
Mobile Homes 0.4
Other 0.0

Home Size

SIZE OF Honeoye Falls HOMES
No Bedroom 0.59
1 Bedroom 18.91
2 Bedrooms 30.65
3 Bedrooms 27.99
4 Bedrooms 16.77
5 or more bedrooms 5.10

Popular Neighborhoods in Honeoye Falls

Zip Codes in Honeoye Falls, NY