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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Hoosick Falls, NY Real Estate Market

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 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Hoosick Falls, NY Housing Market Trends

With a population of 3,161, 1,314 total housing units (homes and apartments), and a median house value of $189,614, house prices in Hoosick Falls are solidly below the national average.

Single-family detached homes are the single most common housing type in Hoosick Falls, accounting for 49.50% of the village's housing units. Other types of housing that are prevalent in Hoosick Falls include duplexes, homes converted to apartments or other small apartment buildings ( 28.42%), large apartment complexes or high rise apartments ( 17.76%), and a few mobile homes or trailers ( 2.25%).

The most prevalent building size and type in Hoosick Falls are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 61.84% owning and 38.16% renting.

The housing in Hoosick Falls was primarily built before 1939 ( 54.88%), making the housing stock in Hoosick Falls some of the oldest overall in America, although there is a range of ages of homes in Hoosick Falls. The next most important housing age is between 1940-1969 ( 21.02%), followed by between 1970-1999 ( 21.02%). There's also some housing in Hoosick Falls built between 2000 and later ( 3.08%).

Vacant housing appears to be an issue in Hoosick Falls. Fully 22.20% of the housing stock is classified as vacant. Left unchecked, vacant Hoosick Falls homes and apartments can be a drag on the real estate market, holding Hoosick Falls real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Hoosick Falls Home Appreciation Rates

Some of the lowest real estate appreciation rates in America over the last ten years have been in Hoosick Falls, where house values have increased just 47.29%, which is annualized rate of 3.95%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.

Appreciation rates are so strong in Hoosick Falls that despite a nationwide downturn in the housing market, Hoosick Falls real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Hoosick Falls appreciation rates continue to be some of the highest in America, at 11.30%, which is higher than appreciation rates in 98.27% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Hoosick Falls. Hoosick Falls appreciation rates in the latest quarter were at 4.90%, which equates to an annual appreciation rate of 21.09%.

Importantly, this makes Hoosick Falls one of the highest appreciating communities in the nation for the latest quarter, and may signal the village's near-future real estate investment strength.

Relative to New York, our data show that Hoosick Falls's latest annual appreciation rate is higher than 90% of the other cities and towns in New York.

Average Home Values

Median Home Value

$189,614

Hoosick Falls, NY Home Prices
> $1,316,000
$986,001 - $1,316,000
$658,001 - $986,000
$526,001 - $658,000
$395,001 - $526,000
$264,001 - $395,000
$131,001 - $264,000
$66,001 - $131,000
$0 - $66,000
1.6%
1.6%
1.4%
1.4%
5.3%
5.3%
0.0%
0.0%
0.8%
0.8%
14.2%
14.2%
59.2%
59.2%
15.9%
15.9%
1.5%
1.5%
0% 100.0%
% of Homes
Low

for New york

Low

for nation

Number of Homes And Apartments:

1,314

Hoosick Falls Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,205 / per month

Homeownership Rate

Owners
Renters
61.8%
61.8%
38.2%
38.2%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
22.2%
22.2%
77.8%
77.8%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
3.1%
3.1%
21.0%
21.0%
21.0%
21.0%
54.9%
54.9%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
49.5%
49.5%
2.1%
2.1%
28.4%
28.4%
17.8%
17.8%
2.2%
2.2%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
8.2%
8.2%
11.0%
11.0%
26.8%
26.8%
34.8%
34.8%
12.5%
12.5%
6.7%
6.7%
0% 100.0%
% of Homes

Popular Neighborhoods in Hoosick Falls

Zip Codes in Hoosick Falls, NY