Honeoye Falls NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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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 Q4 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Honeoye Falls Housing Market Information

With 2,774 people, 1,203 houses or apartments, and a median cost of homes of $180,149, 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 50.11% of the village's housing units. Other types of housing that are prevalent in Honeoye Falls include large apartment complexes or high rise apartments ( 25.44%), duplexes, homes converted to apartments or other small apartment buildings ( 19.19%), and a few row houses and other attached homes ( 5.26%).

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.

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. Honeoye Falls's housing was primarily built during this period, from the '40s through the '60s. A full 32.06% of the village's housing hails from this era. Other housing ages represented in Honeoye Falls include homes built between 1970-1999 ( 29.25%) and housing constructed before 1939 ( 29.25%). There's also some housing in Honeoye Falls built between 2000 and later ( 9.44%).

Honeoye Falls Home Appreciation Rates

Honeoye Falls's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Honeoye Falls during the period has been just 0.57%, which is lower than 80% of US communities.

Over the last year, Honeoye Falls appreciation rates have trailed the rest of the nation. In the last twelve months, Honeoye Falls's appreciation rate has been 2.97%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Honeoye Falls were at -0.28%, which equates to an annual appreciation rate of -1.12%.

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 lower than 80% of the other cities and towns in New York.

Average Home Values

 

Median Home Value:
$180,149

Honeoye Falls, NY HOME PRICES

Value Range
> $1,046,000 1.3
$785,001 - $1,046,000 0.0
$523,001 - $785,000 3.7
$418,001 - $523,000 2.3
$314,001 - $418,000 3.3
$209,001 - $314,000 28.2
$105,001 - $209,000 41.1
$52,001 - $105,000 16.5
$0 - $52,000 3.5

Average for NY
Average for Nation

Value Relative to Nation Value Relative to State
46.4350364963504 53.0

Number Of Homes And Apartments:
1,203

Honeoye Falls Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NY*
Compared To
America*
Latest Quarter:
2019 Q3 - 2019 Q4
Last 12 Months:
2018 Q4 - 2019 Q4
Last 2 Years:
2017 Q4 - 2019 Q4
Last 5 Years:
2014 Q4 - 2019 Q4
Last 10 Years:
2009 Q4 - 2019 Q4
Since 2000:
2000 Q1 - 2019 Q4
14.58% 0.68%
1
1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,018 / per month

Homeownership Rate

Homeownership
Owners 57.56
Renters 42.44
Vacant 8.38

Housing Market Details

 

Age of Homes

AGE OF Honeoye Falls HOMES
2000 or Newer 9.4
1970 - 1999 29.2
1940 - 1969 32.1
1939 or Older 29.2

Types of Homes

TYPE OF Honeoye Falls HOMES
Single-Family 50.1
Townhomes 5.3
Small Apt. Buildings 19.2
Apt. Complexes 25.4
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Honeoye Falls HOMES
No Bedroom 2.36
1 Bedroom 22.32
2 Bedrooms 24.90
3 Bedrooms 29.93
4 Bedrooms 16.91
5 or more bedrooms 3.58

Popular Neighborhoods in Honeoye Falls

Zip Codes in Honeoye Falls, NY