Kirkville, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Kirkville Neighborhoods Since 2000




Kirkville, 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

Kirkville Housing Market Information

With a population of 10,568, 2,343 total housing units (homes and apartments), and a median house value of $164,991, Kirkville 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 Kirkville, accounting for 82.61% of the town's housing units. Other types of housing that are prevalent in Kirkville include mobile homes or trailers ( 8.48%), duplexes, homes converted to apartments or other small apartment buildings ( 4.90%), and a few large apartment complexes or high rise apartments ( 2.30%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Kirkville. Owner-occupied housing accounts for 79.80% of Kirkville's homes, and 67.81% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Kirkville 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 Kirkville built between 1940-1969 ( 32.49%). A lesser amount of the housing stock also hails from before 1939 ( 19.07%). There's also some housing in Kirkville built between 2000 and later ( 9.51%).

Vacant housing appears to be an issue in Kirkville. Fully 14.86% of the housing stock is classified as vacant. Left unchecked, vacant Kirkville homes and apartments can be a drag on the real estate market, holding Kirkville 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.

Kirkville Home Appreciation Rates

Appreciation rates for homes in Kirkville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 9.66%, which ranks in the top 30% nationwide. This equates to an annual average Kirkville house appreciation rate of 0.93%.

Over the last year, Kirkville appreciation rates have trailed the rest of the nation. In the last twelve months, Kirkville's appreciation rate has been 2.61%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Kirkville were at -1.68%, which equates to an annual appreciation rate of -6.55%.

Notably, Kirkville's appreciation rate in the latest quarter is one of the lowest in America.

Relative to New York, our data show that Kirkville's latest annual appreciation rate is higher than 50% of the other cities and towns in New York.

Average Home Values

 

Median Home Value:
$164,991

Kirkville, NY HOME PRICES

Value Range
> $1,068,000 0.9
$801,001 - $1,068,000 0.0
$534,001 - $801,000 1.3
$427,001 - $534,000 1.2
$320,001 - $427,000 5.4
$214,001 - $320,000 19.1
$107,001 - $214,000 56.9
$53,001 - $107,000 13.7
$0 - $53,000 1.4

Average for NY
Average for Nation

Value Relative to Nation Value Relative to State
43.6364701746162 53.4231200897868

Number Of Homes And Apartments:
2,343

Kirkville 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
44.03% 2.14% 3 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$885 / per month

Homeownership Rate

Homeownership
Owners 79.80
Renters 20.20
Vacant 14.86

Housing Market Details

 

Age of Homes

AGE OF Kirkville HOMES
2000 or Newer 9.5
1970 - 1999 38.9
1940 - 1969 32.5
1939 or Older 19.1

Types of Homes

TYPE OF Kirkville HOMES
Single-Family 82.6
Townhomes 1.7
Small Apt. Buildings 4.9
Apt. Complexes 2.3
Mobile Homes 8.5
Other 0.0

Home Size

SIZE OF Kirkville HOMES
No Bedroom 0.85
1 Bedroom 5.20
2 Bedrooms 22.24
3 Bedrooms 53.87
4 Bedrooms 13.94
5 or more bedrooms 3.90