Lowville, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Lowville Neighborhoods Since 2000




Lowville, 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

Lowville Housing Market Information

With a population of 3,416, 1,571 total housing units (homes and apartments), and a median house value of $153,140, Lowville 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 Lowville, accounting for 64.74% of the village's housing units. Other types of housing that are prevalent in Lowville include duplexes, homes converted to apartments or other small apartment buildings ( 21.97%), large apartment complexes or high rise apartments ( 10.92%), and a few row houses and other attached homes ( 1.80%).

The most prevalent building size and type in Lowville are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 52.71% owning and 47.29% renting.

The housing in Lowville was primarily built before 1939 ( 63.63%), making the housing stock in Lowville some of the oldest overall in America, although there is a range of ages of homes in Lowville. The next most important housing age is between 1970-1999 ( 21.35%), followed by between 1940-1969 ( 14.34%).

Lowville Home Appreciation Rates

Appreciation rates for homes in Lowville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 12.35%, which ranks in the top 30% nationwide. This equates to an annual average Lowville house appreciation rate of 1.17%.

Over the last year, Lowville appreciation rates have trailed the rest of the nation. In the last twelve months, Lowville's appreciation rate has been 2.21%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Lowville were at -0.56%, which equates to an annual appreciation rate of -2.23%.

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

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

Average Home Values

 

Median Home Value:
$153,140

Lowville, NY HOME PRICES

Value Range
> $1,063,000 0.9
$797,001 - $1,063,000 1.0
$531,001 - $797,000 3.0
$425,001 - $531,000 0.4
$319,001 - $425,000 6.5
$213,001 - $319,000 16.1
$106,001 - $213,000 39.9
$53,001 - $106,000 26.2
$0 - $53,000 6.1

Average for NY
Average for Nation

Value Relative to Nation Value Relative to State
48.6933083323567 58.4736251402918

Number Of Homes And Apartments:
1,571

Lowville 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
81.97% 3.53% 9 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$830 / per month

Homeownership Rate

Homeownership
Owners 52.71
Renters 47.29
Vacant 2.48

Housing Market Details

 

Age of Homes

AGE OF Lowville HOMES
2000 or Newer 0.7
1970 - 1999 21.4
1940 - 1969 14.3
1939 or Older 63.6

Types of Homes

TYPE OF Lowville HOMES
Single-Family 64.7
Townhomes 1.8
Small Apt. Buildings 22.0
Apt. Complexes 10.9
Mobile Homes 0.6
Other 0.0

Home Size

SIZE OF Lowville HOMES
No Bedroom 0.00
1 Bedroom 16.76
2 Bedrooms 20.42
3 Bedrooms 39.54
4 Bedrooms 17.26
5 or more bedrooms 6.02

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Zip Codes in Lowville, NY