Macedon, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Macedon Neighborhoods Since 2000




Macedon, 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

Macedon Housing Market Information

With a population of 1,479, 584 total housing units (homes and apartments), and a median house value of $141,719, Macedon 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 Macedon, accounting for 81.54% of the village's housing units. Other types of housing that are prevalent in Macedon include large apartment complexes or high rise apartments ( 11.60%), duplexes, homes converted to apartments or other small apartment buildings ( 6.21%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Macedon. Owner-occupied housing accounts for 81.99% of Macedon's homes, and 70.10% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Macedon 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 Macedon built between 1940-1969 ( 27.45%). A lesser amount of the housing stock also hails from before 1939 ( 26.63%). There's also some housing in Macedon built between 2000 and later ( 11.44%).

Macedon Home Appreciation Rates

Appreciation rates for homes in Macedon have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 4.85%, which ranks in the top 40% nationwide. This equates to an annual average Macedon house appreciation rate of 0.47%.

Over the last year, Macedon appreciation rates have trailed the rest of the nation. In the last twelve months, Macedon's appreciation rate has been 0.53%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Macedon were at -0.57%, which equates to an annual appreciation rate of -2.26%.

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

Relative to New York, our data show that Macedon's latest annual appreciation rate is lower than 70% of the other cities and towns in New York.

Average Home Values

 

Median Home Value:
$141,719

Macedon, NY HOME PRICES

Value Range
> $1,045,000 0.0
$784,001 - $1,045,000 0.0
$523,001 - $784,000 0.0
$418,001 - $523,000 0.5
$314,001 - $418,000 0.8
$209,001 - $314,000 15.3
$105,001 - $209,000 61.3
$52,001 - $105,000 20.4
$0 - $52,000 1.8

Low for NY
Average for Nation

Value Relative to Nation Value Relative to State
53.966951834056 63.4118967452301

Number Of Homes And Apartments:
584

Macedon 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
26.49% 1.37% 1 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$962 / per month

Homeownership Rate

Homeownership
Owners 81.99
Renters 18.01
Vacant 4.58

Housing Market Details

 

Age of Homes

AGE OF Macedon HOMES
2000 or Newer 11.4
1970 - 1999 34.5
1940 - 1969 27.5
1939 or Older 26.6

Types of Homes

TYPE OF Macedon HOMES
Single-Family 81.5
Townhomes 0.7
Small Apt. Buildings 6.2
Apt. Complexes 11.6
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Macedon HOMES
No Bedroom 0.98
1 Bedroom 7.03
2 Bedrooms 16.99
3 Bedrooms 56.37
4 Bedrooms 13.73
5 or more bedrooms 4.90