Katonah, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Katonah Neighborhoods Since 2000




Katonah, 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

Katonah Housing Market Information

With 1,735 people, 649 houses or apartments, and a median cost of homes of $1,115,817, Katonah house prices are not only among the most expensive in New York, Katonah 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 Katonah, accounting for 75.81% of the town's housing units. Other types of housing that are prevalent in Katonah include duplexes, homes converted to apartments or other small apartment buildings ( 20.82%), row houses and other attached homes ( 2.35%), and a few large apartment complexes or high rise apartments ( 1.03%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Katonah. Owner-occupied housing accounts for 74.48% of Katonah's homes, and 79.18% have either three or four bedrooms, which is average sized relative to America.

The housing in Katonah was primarily built before 1939 ( 50.88%), making the housing stock in Katonah some of the oldest overall in America, although there is a range of ages of homes in Katonah. The next most important housing age is between 1940-1969 ( 32.84%), followed by between 1970-1999 ( 16.28%).

Katonah Home Appreciation Rates

Katonah's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Katonah during the period has been just -0.94%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Katonah's appreciation rate, at 3.92%, has been at or slightly above the national average. In the latest quarter, Katonah's appreciation rate has been 0.66%, which annualizes to a rate of 2.68%.

Relative to New York, our data show that Katonah's latest annual appreciation rate is higher than 60% of the other cities and towns in New York.

Average Home Values

 

Median Home Value:
$1,115,817

Katonah, NY HOME PRICES

Value Range
> $1,075,000 28.7
$807,001 - $1,075,000 23.3
$538,001 - $807,000 40.0
$430,001 - $538,000 2.2
$322,001 - $430,000 3.4
$215,001 - $322,000 0.0
$107,001 - $215,000 1.5
$54,001 - $107,000 0.0
$0 - $54,000 0.9

Very High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
0.837923356381109 2.80583613916947

Number Of Homes And Apartments:
649

Katonah 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
53.76% 2.53% 5 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,795 / per month

Homeownership Rate

Homeownership
Owners 74.48
Renters 25.52
Vacant 4.84

Housing Market Details

 

Age of Homes

AGE OF Katonah HOMES
2000 or Newer 0.0
1970 - 1999 16.3
1940 - 1969 32.8
1939 or Older 50.9

Types of Homes

TYPE OF Katonah HOMES
Single-Family 75.8
Townhomes 2.3
Small Apt. Buildings 20.8
Apt. Complexes 1.0
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Katonah HOMES
No Bedroom 2.35
1 Bedroom 4.55
2 Bedrooms 4.84
3 Bedrooms 47.36
4 Bedrooms 31.82
5 or more bedrooms 9.09