Manorville, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Manorville Neighborhoods Since 2000




Manorville, NY Real Estate Data


Manorville Housing Market Information

With 14,405 people, 4,729 houses or apartments, and a median cost of homes of $404,869, real estate costs in Manorville 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 Manorville, accounting for 71.83% of the town's housing units. Other types of housing that are prevalent in Manorville include large apartment complexes or high rise apartments ( 14.09%), row houses and other attached homes ( 9.67%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.14%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Manorville. Owner-occupied housing accounts for 85.05% of Manorville's homes, and 61.74% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Manorville 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 Manorville built between 2000 and later ( 21.42%). A lesser amount of the housing stock also hails from between 1940-1969 ( 6.97%). There's also some housing in Manorville built before 1939 ( 1.62%).

Manorville Home Appreciation Rates

Homes have actually lost value in Manorville over the last then years, as home values have seen a decline of 20.68% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Manorville home appreciation rates at 1.43%, which equates to an annual appreciation rate of 5.85%.

Over the last year, Manorville appreciation rates have trailed the rest of the nation. In the last twelve months, Manorville's appreciation rate has been 3.34%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Manorville were at 1.43%, which equates to an annual appreciation rate of 5.85%.

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

Average Home Values

 

Median Home Value:
$404,869

Manorville, NY HOME PRICES

Value Range
> $1,049,000 1.1
$786,001 - $1,049,000 1.5
$524,001 - $786,000 22.3
$419,001 - $524,000 25.6
$315,001 - $419,000 19.7
$210,001 - $315,000 12.9
$105,001 - $210,000 8.1
$52,001 - $105,000 5.6
$0 - $52,000 3.2

High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
9.48644375475786 22.8956228956229

Number Of Homes And Apartments:
4,729

Rent & Ownership

 

Average Market Rent:
$2,341 / per month

Homeownership Rate

Homeownership
Owners 85.05
Renters 14.95
Vacant 6.65

Housing Market Details

 

Age of Homes

AGE OF Manorville HOMES
2000 or Newer 21.4
1970 - 1999 70.0
1940 - 1969 7.0
1939 or Older 1.6

Types of Homes

TYPE OF Manorville HOMES
Single-Family 71.8
Townhomes 9.7
Small Apt. Buildings 3.1
Apt. Complexes 14.1
Mobile Homes 1.3
Other 0.0

Home Size

SIZE OF Manorville HOMES
No Bedroom 0.61
1 Bedroom 9.85
2 Bedrooms 23.19
3 Bedrooms 29.06
4 Bedrooms 32.69
5 or more bedrooms 4.60

Manorville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NY*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
54.75% 2.60% 5 7
* 10 is highest