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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 2,524, 1,307 total housing units (homes and apartments), and a median house value of $262,274, Lewiston 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 Lewiston, accounting for 55.45% of the village's housing units. Other types of housing that are prevalent in Lewiston include large apartment complexes or high rise apartments ( 24.31%), duplexes, homes converted to apartments or other small apartment buildings ( 13.54%), and a few row houses and other attached homes ( 6.70%).
People in Lewiston primarily live in small (one, two or no bedroom) single-family detached homes. Lewiston has a mixture of owner-occupied and renter-occupied housing.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Lewiston's housing was primarily built during this period, from the '40s through the '60s. A full 47.33% of the village's housing hails from this era. Other housing ages represented in Lewiston include homes built between 1970-1999 ( 28.30%) and housing constructed before 1939 ( 17.53%). There's also some housing in Lewiston built between 2000 and later ( 6.84%).
Real estate appreciation rates in Lewiston's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.09% during the period.
Appreciation rates are so strong in Lewiston that despite a nationwide downturn in the housing market, Lewiston real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Lewiston appreciation rates continue to be some of the highest in America, at 7.14%, which is higher than appreciation rates in 75.47% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Lewiston. Lewiston appreciation rates in the latest quarter were at 1.32%, which equates to an annual appreciation rate of 5.37%.
Relative to New York, our data show that Lewiston's latest annual appreciation rate is lower than 60% of the other cities and towns in New York.
$262,274
for New york
for nation
1,307
$1,649 / per month