Pawling, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Pawling Neighborhoods Since 2000




Pawling, 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

Pawling Housing Market Information

With a population of 2,297, 884 total housing units (homes and apartments), and a median house value of $289,093, Pawling real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Pawling, accounting for 61.43% of the village's housing units. Other types of housing that are prevalent in Pawling include large apartment complexes or high rise apartments ( 22.56%), duplexes, homes converted to apartments or other small apartment buildings ( 14.35%), and a few row houses and other attached homes ( 1.66%).

The most prevalent building size and type in Pawling are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 51.74% owning and 48.26% renting.

The housing in Pawling was primarily built before 1939 ( 37.94%), making the housing stock in Pawling some of the oldest overall in America, although there is a range of ages of homes in Pawling. The next most important housing age is between 1940-1969 ( 32.64%), followed by between 1970-1999 ( 24.84%). There's also some housing in Pawling built between 2000 and later ( 4.57%).

Pawling Home Appreciation Rates

Homes have actually lost value in Pawling over the last then years, as home values have seen a decline of 29.88% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Pawling home appreciation rates at 0.66%, which equates to an annual appreciation rate of 2.68%.

Appreciation rates are so strong in Pawling that despite a nationwide downturn in the housing market, Pawling real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Pawling appreciation rates continue to be some of the highest in America, at 7.37%, which is higher than appreciation rates in 83.36% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Pawling. Pawling appreciation rates in the latest quarter were at 0.66%, which equates to an annual appreciation rate of 2.68%.

Relative to New York, our data show that Pawling's latest annual appreciation rate is higher than 90% of the other cities and towns in New York.

Average Home Values

 

Median Home Value:
$289,093

Pawling, NY HOME PRICES

Value Range
> $1,028,000 1.0
$771,001 - $1,028,000 0.0
$514,001 - $771,000 0.0
$411,001 - $514,000 7.8
$309,001 - $411,000 32.1
$205,001 - $309,000 46.2
$103,001 - $205,000 11.9
$52,001 - $103,000 0.0
$0 - $52,000 1.1

High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
17.4030235556076 33.7822671156004

Number Of Homes And Apartments:
884

Pawling 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
28.14% 1.45% 1 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,232 / per month

Homeownership Rate

Homeownership
Owners 51.74
Renters 48.26
Vacant 8.11

Housing Market Details

 

Age of Homes

AGE OF Pawling HOMES
2000 or Newer 4.6
1970 - 1999 24.8
1940 - 1969 32.6
1939 or Older 37.9

Types of Homes

TYPE OF Pawling HOMES
Single-Family 61.4
Townhomes 1.7
Small Apt. Buildings 14.3
Apt. Complexes 22.6
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Pawling HOMES
No Bedroom 0.00
1 Bedroom 30.56
2 Bedrooms 14.35
3 Bedrooms 34.30
4 Bedrooms 18.40
5 or more bedrooms 2.39