Kaser, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Kaser Neighborhoods Since 2000




Kaser, 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

Kaser Housing Market Information

With a population of 5,131, 962 total housing units (homes and apartments), and a median house value of $605,122, Kaser house prices are not only among the most expensive in New York, Kaser real estate also is some of the most expensive in all of America.

Large apartment complexes or high rise apartments are the single most common housing type in Kaser, accounting for 49.18% of the village's housing units. Other types of housing that are prevalent in Kaser include duplexes, homes converted to apartments or other small apartment buildings ( 42.96%), row houses and other attached homes ( 7.35%). This particular housing mix is relatively uncommon and characteristic of villages that are compact and walkable, and which often have a lively downtown.

Kaser is dominated by renter-occupied one, two, or no bedrooms apartments. 96.15% of Kaser's dwellings are rentals.

There is a lot of housing in Kaser 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 Kaser built between 2000 and later ( 38.37%). A lesser amount of the housing stock also hails from between 1940-1969 ( 6.73%).

Kaser Home Appreciation Rates

Appreciation rates for homes in Kaser have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 3.63%, which ranks in the top 50% nationwide. This equates to an annual average Kaser house appreciation rate of 0.36%.

Appreciation rates are so strong in Kaser that despite a nationwide downturn in the housing market, Kaser real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Kaser appreciation rates continue to be some of the highest in America, at 9.08%, which is higher than appreciation rates in 90.98% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Kaser. Kaser appreciation rates in the latest quarter were at 0.66%, which equates to an annual appreciation rate of 2.68%.

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

Average Home Values

 

Median Home Value:
$605,122

Kaser, NY HOME PRICES

Value Range
> $1,253,000 12.2
$940,001 - $1,253,000 6.8
$627,001 - $940,000 32.8
$501,001 - $627,000 15.4
$376,001 - $501,000 21.6
$251,001 - $376,000 3.2
$125,001 - $251,000 7.5
$63,001 - $125,000 0.2
$0 - $63,000 0.3

Very High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
3.82046173678659 10.7744107744108

Number Of Homes And Apartments:
962

Kaser 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
99.58% 4.09% 10 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,853 / per month

Homeownership Rate

Homeownership
Owners 3.85
Renters 96.15
Vacant 1.84

Housing Market Details

 

Age of Homes

AGE OF Kaser HOMES
2000 or Newer 38.4
1970 - 1999 54.4
1940 - 1969 6.7
1939 or Older 0.5

Types of Homes

TYPE OF Kaser HOMES
Single-Family 0.5
Townhomes 7.3
Small Apt. Buildings 43.0
Apt. Complexes 49.2
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Kaser HOMES
No Bedroom 1.63
1 Bedroom 7.86
2 Bedrooms 38.06
3 Bedrooms 15.20
4 Bedrooms 23.16
5 or more bedrooms 14.08