Nanuet, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Nanuet Neighborhoods Since 2000




Nanuet, 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

Nanuet Housing Market Information

With a population of 18,484, 6,738 total housing units (homes and apartments), and a median house value of $411,389, real estate costs in Nanuet 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 Nanuet, accounting for 46.44% of the town's housing units. Other types of housing that are prevalent in Nanuet include large apartment complexes or high rise apartments ( 21.10%), duplexes, homes converted to apartments or other small apartment buildings ( 16.85%), and a few row houses and other attached homes ( 13.51%).

People in Nanuet primarily live in small (one, two or no bedroom) single-family detached homes. Nanuet has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Nanuet 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 Nanuet built between 1940-1969 ( 36.62%). A lesser amount of the housing stock also hails from between 2000 and later ( 10.73%). There's also some housing in Nanuet built before 1939 ( 5.96%).

Nanuet Home Appreciation Rates

Nanuet's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Nanuet during the period has been just -1.71%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Nanuet's appreciation rate, at 4.27%, has been at or slightly above the national average. In the latest quarter, Nanuet's appreciation rate has been 0.66%, which annualizes to a rate of 2.68%.

Relative to New York, our data show that Nanuet's latest annual appreciation rate is higher than 60% of the other cities and towns in New York.

Average Home Values

 

Median Home Value:
$411,389

Nanuet, NY HOME PRICES

Value Range
> $1,061,000 0.0
$796,001 - $1,061,000 1.0
$531,001 - $796,000 16.6
$425,001 - $531,000 27.8
$318,001 - $425,000 26.4
$212,001 - $318,000 16.1
$106,001 - $212,000 5.1
$53,001 - $106,000 3.5
$0 - $53,000 3.6

High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
8.91245751787179 22.7833894500561

Number Of Homes And Apartments:
6,738

Nanuet 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
53.75% 2.52% 5 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,677 / per month

Homeownership Rate

Homeownership
Owners 64.98
Renters 35.02
Vacant 3.69

Housing Market Details

 

Age of Homes

AGE OF Nanuet HOMES
2000 or Newer 10.7
1970 - 1999 46.7
1940 - 1969 36.6
1939 or Older 6.0

Types of Homes

TYPE OF Nanuet HOMES
Single-Family 46.4
Townhomes 13.5
Small Apt. Buildings 16.9
Apt. Complexes 21.1
Mobile Homes 2.1
Other 0.0

Home Size

SIZE OF Nanuet HOMES
No Bedroom 1.87
1 Bedroom 23.90
2 Bedrooms 22.94
3 Bedrooms 23.56
4 Bedrooms 21.84
5 or more bedrooms 5.89