Huntington, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Huntington Neighborhoods Since 2000




Huntington, 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

Huntington Housing Market Information

With a population of 18,176, 7,033 total housing units (homes and apartments), and a median house value of $583,930, Huntington house prices are not only among the most expensive in New York, Huntington real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Huntington, accounting for 78.85% of the town's housing units. Other types of housing that are prevalent in Huntington include duplexes, homes converted to apartments or other small apartment buildings ( 12.35%), row houses and other attached homes ( 5.33%), and a few large apartment complexes or high rise apartments ( 3.34%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Huntington. Owner-occupied housing accounts for 81.17% of Huntington's homes, and 65.60% have either three or four bedrooms, which is average sized relative to America.

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. Huntington's housing was primarily built during this period, from the '40s through the '60s. A full 52.25% of the town's housing hails from this era. Other housing ages represented in Huntington include homes built before 1939 ( 25.66%) and housing constructed between 1970-1999 ( 18.80%). There's also some housing in Huntington built between 2000 and later ( 3.30%).

Huntington Home Appreciation Rates

Huntington's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Huntington during the period has been just -1.00%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Huntington's appreciation rate, at 3.30%, has been at or slightly above the national average. In the latest quarter, Huntington's appreciation rate has been 0.66%, which annualizes to a rate of 2.68%.

Relative to New York, our data show that Huntington's latest annual appreciation rate is higher than 60% 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 Huntington differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Huntington - 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 Huntington real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$583,930

Huntington, NY HOME PRICES

Value Range
> $1,086,000 5.9
$814,001 - $1,086,000 17.4
$543,001 - $814,000 36.5
$435,001 - $543,000 23.2
$326,001 - $435,000 9.5
$217,001 - $326,000 3.7
$109,001 - $217,000 1.3
$54,001 - $109,000 1.2
$0 - $54,000 1.3

Very High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
4.16617836634244 11.7845117845118

Number Of Homes And Apartments:
7,033

Huntington 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
63.20% 2.88% 7 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,541 / per month

Homeownership Rate

Homeownership
Owners 81.17
Renters 18.83
Vacant 6.11

Housing Market Details

 

Age of Homes

AGE OF Huntington HOMES
2000 or Newer 3.3
1970 - 1999 18.8
1940 - 1969 52.2
1939 or Older 25.7

Types of Homes

TYPE OF Huntington HOMES
Single-Family 78.9
Townhomes 5.3
Small Apt. Buildings 12.3
Apt. Complexes 3.3
Mobile Homes 0.1
Other 0.0

Home Size

SIZE OF Huntington HOMES
No Bedroom 1.80
1 Bedroom 9.68
2 Bedrooms 13.03
3 Bedrooms 36.18
4 Bedrooms 29.42
5 or more bedrooms 9.89