Le Roy, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Le Roy Neighborhoods Since 2000




Le Roy, 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

Le Roy Housing Market Information

With 4,288 people, 1,730 houses or apartments, and a median cost of homes of $92,802, house prices in Le Roy are some of the most affordable in New York as well as the nation.

Single-family detached homes are the single most common housing type in Le Roy, accounting for 64.53% of the village's housing units. Other types of housing that are prevalent in Le Roy include duplexes, homes converted to apartments or other small apartment buildings ( 19.32%), large apartment complexes or high rise apartments ( 12.81%), and a few row houses and other attached homes ( 2.31%).

The most prevalent building size and type in Le Roy are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 56.38% owning and 43.62% renting.

The housing in Le Roy was primarily built before 1939 ( 55.33%), making the housing stock in Le Roy some of the oldest overall in America, although there is a range of ages of homes in Le Roy. The next most important housing age is between 1940-1969 ( 23.63%), followed by between 1970-1999 ( 18.46%). There's also some housing in Le Roy built between 2000 and later ( 2.58%).

Le Roy Home Appreciation Rates

Real estate appreciation rates in Le Roy's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.40% during the period.

Over the last year, Le Roy appreciation rates have trailed the rest of the nation. In the last twelve months, Le Roy's appreciation rate has been -2.46%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Le Roy were at -0.56%, which equates to an annual appreciation rate of -2.23%.

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

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

Average Home Values

 

Median Home Value:
$92,802

Le Roy, NY HOME PRICES

Value Range
> $1,024,000 0.0
$768,001 - $1,024,000 0.0
$512,001 - $768,000 0.5
$410,001 - $512,000 0.0
$307,001 - $410,000 0.9
$204,001 - $307,000 7.3
$102,001 - $204,000 29.5
$51,001 - $102,000 55.1
$0 - $51,000 6.7

Very Low for NY
Very Low for Nation

Value Relative to Nation Value Relative to State
82.1516465486933 88.1032547699214

Number Of Homes And Apartments:
1,730

Le Roy 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
16.62% 0.90% 1 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$888 / per month

Homeownership Rate

Homeownership
Owners 56.38
Renters 43.62
Vacant 6.89

Housing Market Details

 

Age of Homes

AGE OF Le Roy HOMES
2000 or Newer 2.6
1970 - 1999 18.5
1940 - 1969 23.6
1939 or Older 55.3

Types of Homes

TYPE OF Le Roy HOMES
Single-Family 64.5
Townhomes 2.3
Small Apt. Buildings 19.3
Apt. Complexes 12.8
Mobile Homes 1.0
Other 0.0

Home Size

SIZE OF Le Roy HOMES
No Bedroom 0.43
1 Bedroom 14.32
2 Bedrooms 20.02
3 Bedrooms 42.57
4 Bedrooms 19.21
5 or more bedrooms 3.44