Mount Kisco, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Mount Kisco Neighborhoods Since 2000




Mount Kisco, 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

Mount Kisco Housing Market Information

With a population of 11,145, 4,000 total housing units (homes and apartments), and a median house value of $520,532, Mount Kisco house prices are not only among the most expensive in New York, Mount Kisco real estate also is some of the most expensive in all of America.

Large apartment complexes or high rise apartments are the single most common housing type in Mount Kisco, accounting for 41.53% of the village's housing units. Other types of housing that are prevalent in Mount Kisco include single-family detached homes ( 25.72%), duplexes, homes converted to apartments or other small apartment buildings ( 19.40%), and a few row houses and other attached homes ( 13.34%). Villages that are predominantly high-density buildings are relatively uncommon in the US. Because of the density, these types of villages are often walkable and compact, and often have a lively downtown.

People in Mount Kisco primarily live in small (one, two or no bedroom) units, chiefly found in large apartment complexes or high rise apartments. Mount Kisco 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. Mount Kisco's housing was primarily built during this period, from the '40s through the '60s. A full 36.92% of the village's housing hails from this era. Other housing ages represented in Mount Kisco include homes built between 1970-1999 ( 32.60%) and housing constructed before 1939 ( 21.50%). There's also some housing in Mount Kisco built between 2000 and later ( 8.98%).

Mount Kisco Home Appreciation Rates

Mount Kisco's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Mount Kisco during the period has been just -1.57%, which is lower than 80% of US communities.

Over the last year, Mount Kisco appreciation rates have trailed the rest of the nation. In the last twelve months, Mount Kisco's appreciation rate has been 0.81%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Mount Kisco were at 0.66%, which equates to an annual appreciation rate of 2.68%.

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

Average Home Values

 

Median Home Value:
$520,532

Mount Kisco, NY HOME PRICES

Value Range
> $1,053,000 3.2
$790,001 - $1,053,000 4.3
$526,001 - $790,000 23.4
$421,001 - $526,000 15.2
$316,001 - $421,000 13.3
$210,001 - $316,000 15.2
$105,001 - $210,000 16.8
$53,001 - $105,000 4.6
$0 - $53,000 4.0

Very High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
5.37325676784249 15.1515151515152

Number Of Homes And Apartments:
4,000

Mount Kisco 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
44.96% 2.18% 3 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,931 / per month

Homeownership Rate

Homeownership
Owners 52.73
Renters 47.27
Vacant 6.72

Housing Market Details

 

Age of Homes

AGE OF Mount Kisco HOMES
2000 or Newer 9.0
1970 - 1999 32.6
1940 - 1969 36.9
1939 or Older 21.5

Types of Homes

TYPE OF Mount Kisco HOMES
Single-Family 25.7
Townhomes 13.3
Small Apt. Buildings 19.4
Apt. Complexes 41.5
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Mount Kisco HOMES
No Bedroom 4.31
1 Bedroom 26.91
2 Bedrooms 32.35
3 Bedrooms 20.48
4 Bedrooms 11.50
5 or more bedrooms 4.45