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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With a population of 1,350, 670 total housing units (homes and apartments), and a median house value of $279,522, Pittsford real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Pittsford, accounting for 74.54% of the village's housing units. Other types of housing that are prevalent in Pittsford include duplexes, homes converted to apartments or other small apartment buildings ( 22.46%), large apartment complexes or high rise apartments ( 1.72%), and a few mobile homes or trailers ( 1.14%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Pittsford. Owner-occupied housing accounts for 72.90% of Pittsford's homes, and 65.81% have either three or four bedrooms, which is average sized relative to America.
The housing in Pittsford was primarily built before 1939 ( 53.36%), making the housing stock in Pittsford some of the oldest overall in America, although there is a range of ages of homes in Pittsford. The next most important housing age is between 1940-1969 ( 30.76%), followed by between 1970-1999 ( 15.88%).
Appreciation rates for homes in Pittsford have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 11.56%, which ranks in the top 30% nationwide. This equates to an annual average Pittsford house appreciation rate of 1.10%.
Over the last year, Pittsford appreciation rates have trailed the rest of the nation. In the last twelve months, Pittsford's appreciation rate has been 2.29%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Pittsford were at -0.57%, which equates to an annual appreciation rate of -2.26%.
Notably, Pittsford's appreciation rate in the latest quarter is one of the lowest in America.
Relative to New York, our data show that Pittsford's latest annual appreciation rate is lower than 50% of the other cities and towns in New York.
One very important thing to keep in mind is that these are average appreciation rates for the village. Individual neighborhoods within Pittsford differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Pittsford - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Pittsford real estate investment or home purchase decisions.
|$799,001 - $1,066,000||1.0|
|$533,001 - $799,000||6.8|
|$427,001 - $533,000||3.9|
|$320,001 - $427,000||17.2|
|$213,001 - $320,000||44.3|
|$107,001 - $213,000||20.9|
|$53,001 - $107,000||0.9|
|$0 - $53,000||3.2|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Pittsford HOMES|
|2000 or Newer||0.0|
|1970 - 1999||15.9|
|1940 - 1969||30.8|
|1939 or Older||53.4|
|TYPE OF Pittsford HOMES|
|Small Apt. Buildings||22.5|
|SIZE OF Pittsford HOMES|
|5 or more bedrooms||6.01|