Mount Kisco, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Mount Kisco Neighborhoods Since 2000




Mount Kisco, NY Real Estate Data


Mount Kisco Housing Market Information

With 11,145 people, 4,085 houses or apartments, and a median cost of homes of $410,068, real estate costs in Mount Kisco 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.

Large apartment complexes or high rise apartments are the single most common housing type in Mount Kisco, accounting for 43.41% of the village's housing units. Other types of housing that are prevalent in Mount Kisco include single-family detached homes ( 22.66%), duplexes, homes converted to apartments or other small apartment buildings ( 20.00%), and a few row houses and other attached homes ( 13.94%). This particular housing mix is relatively uncommon and characteristic of villages that are compact and walkable, and which 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.

There is a lot of housing in Mount Kisco 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 Mount Kisco built between 1940-1969 ( 34.80%). A lesser amount of the housing stock also hails from before 1939 ( 18.96%). There's also some housing in Mount Kisco built between 2000 and later ( 7.73%).

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 -1.00%, which is lower than 70% 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 3.53%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Mount Kisco were at 1.43%, which equates to an annual appreciation rate of 5.85%.

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

Average Home Values

 

Median Home Value:
$410,068

Mount Kisco, NY HOME PRICES

Value Range
> $1,071,000 3.1
$803,001 - $1,071,000 5.6
$536,001 - $803,000 22.5
$428,001 - $536,000 12.5
$321,001 - $428,000 14.7
$214,001 - $321,000 18.7
$107,001 - $214,000 16.3
$54,001 - $107,000 2.0
$0 - $54,000 4.7

High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
9.20536393980207 22.334455667789

Number Of Homes And Apartments:
4,085

Rent & Ownership

 

Average Market Rent:
$1,736 / per month

Homeownership Rate

Homeownership
Owners 52.48
Renters 47.52
Vacant 3.68

Housing Market Details

 

Age of Homes

AGE OF Mount Kisco HOMES
2000 or Newer 7.7
1970 - 1999 38.5
1940 - 1969 34.8
1939 or Older 19.0

Types of Homes

TYPE OF Mount Kisco HOMES
Single-Family 22.7
Townhomes 13.9
Small Apt. Buildings 20.0
Apt. Complexes 43.4
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Mount Kisco HOMES
No Bedroom 3.73
1 Bedroom 27.28
2 Bedrooms 34.61
3 Bedrooms 21.24
4 Bedrooms 9.74
5 or more bedrooms 3.40

Mount Kisco 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
52.62% 2.52% 4 6
* 10 is highest