Lagrangeville, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Lagrangeville Neighborhoods Since 2000




Lagrangeville, 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

Lagrangeville Housing Market Information

With a population of 8,668, 1,597 total housing units (homes and apartments), and a median house value of $333,612, real estate costs in Lagrangeville are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive New York communities.

Single-family detached homes are the single most common housing type in Lagrangeville, accounting for 85.48% of the town's housing units. Other types of housing that are prevalent in Lagrangeville include duplexes, homes converted to apartments or other small apartment buildings ( 6.67%), large apartment complexes or high rise apartments ( 5.03%), and a few mobile homes or trailers ( 2.28%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Lagrangeville. Owner-occupied housing accounts for 86.46% of Lagrangeville's homes, and 73.48% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Lagrangeville 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 Lagrangeville built between 1940-1969 ( 21.32%). A lesser amount of the housing stock also hails from between 2000 and later ( 15.52%). There's also some housing in Lagrangeville built before 1939 ( 9.57%).

Vacant housing appears to be an issue in Lagrangeville. Fully 11.03% of the housing stock is classified as vacant. Left unchecked, vacant Lagrangeville homes and apartments can be a drag on the real estate market, holding Lagrangeville 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.

Lagrangeville Home Appreciation Rates

Homes have actually lost value in Lagrangeville over the last then years, as home values have seen a decline of 23.82% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Lagrangeville home appreciation rates at 0.66%, which equates to an annual appreciation rate of 2.68%.

Over the last year, Lagrangeville appreciation rates have trailed the rest of the nation. In the last twelve months, Lagrangeville's appreciation rate has been 1.55%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Lagrangeville were at 0.66%, which equates to an annual appreciation rate of 2.68%.

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

Average Home Values

 

Median Home Value:
$333,612

Lagrangeville, NY HOME PRICES

Value Range
> $1,031,000 2.8
$774,001 - $1,031,000 4.5
$516,001 - $774,000 10.4
$413,001 - $516,000 10.9
$309,001 - $413,000 28.7
$206,001 - $309,000 32.9
$103,001 - $206,000 6.2
$52,001 - $103,000 1.0
$0 - $52,000 2.5

High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
13.400914098207 29.5173961840629

Number Of Homes And Apartments:
1,597

Lagrangeville 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
29.97% 1.53% 2 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,655 / per month

Homeownership Rate

Homeownership
Owners 86.46
Renters 13.54
Vacant 11.03

Housing Market Details

 

Age of Homes

AGE OF Lagrangeville HOMES
2000 or Newer 15.5
1970 - 1999 53.6
1940 - 1969 21.3
1939 or Older 9.6

Types of Homes

TYPE OF Lagrangeville HOMES
Single-Family 85.5
Townhomes 0.5
Small Apt. Buildings 6.7
Apt. Complexes 5.0
Mobile Homes 2.3
Other 0.0

Home Size

SIZE OF Lagrangeville HOMES
No Bedroom 1.14
1 Bedroom 6.64
2 Bedrooms 12.20
3 Bedrooms 43.62
4 Bedrooms 29.85
5 or more bedrooms 6.55