Plainview, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Plainview Neighborhoods Since 2000




Plainview, 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

Plainview Housing Market Information

With 26,613 people, 8,883 houses or apartments, and a median cost of homes of $592,589, Plainview house prices are not only among the most expensive in New York, Plainview real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Plainview, accounting for 89.21% of the town's housing units. Other types of housing that are prevalent in Plainview include large apartment complexes or high rise apartments ( 5.03%), duplexes, homes converted to apartments or other small apartment buildings ( 3.33%), and a few row houses and other attached homes ( 2.29%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Plainview. Owner-occupied housing accounts for 92.10% of Plainview's homes, and 79.94% have either three or four bedrooms, which is average sized relative to America.

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. Plainview's housing was primarily built during this period, from the '40s through the '60s. A full 81.23% of the town's housing hails from this era. Other housing ages represented in Plainview include homes built between 1970-1999 ( 9.94%) and housing constructed between 2000 and later ( 7.09%). There's also some housing in Plainview built before 1939 ( 1.73%).

Plainview Home Appreciation Rates

Real estate appreciation rates in Plainview's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.18% during the period.

Over the last year, Plainview appreciation rates have trailed the rest of the nation. In the last twelve months, Plainview's appreciation rate has been 2.51%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Plainview were at 0.66%, which equates to an annual appreciation rate of 2.68%.

Relative to New York, our data show that Plainview's latest annual appreciation rate is higher 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 town. Individual neighborhoods within Plainview differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Plainview - 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 Plainview real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$592,589

Plainview, NY HOME PRICES

Value Range
> $1,116,000 2.6
$837,001 - $1,116,000 4.6
$558,001 - $837,000 40.0
$446,001 - $558,000 33.4
$335,001 - $446,000 14.7
$223,001 - $335,000 1.6
$111,001 - $223,000 0.4
$56,001 - $111,000 0.9
$0 - $56,000 1.8

Very High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
4.03140747685456 11.4478114478114

Number Of Homes And Apartments:
8,883

Plainview 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
61.14% 2.80% 6 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$3,932 / per month

Homeownership Rate

Homeownership
Owners 92.10
Renters 7.90
Vacant 3.25

Housing Market Details

 

Age of Homes

AGE OF Plainview HOMES
2000 or Newer 7.1
1970 - 1999 9.9
1940 - 1969 81.2
1939 or Older 1.7

Types of Homes

TYPE OF Plainview HOMES
Single-Family 89.2
Townhomes 2.3
Small Apt. Buildings 3.3
Apt. Complexes 5.0
Mobile Homes 0.1
Other 0.0

Home Size

SIZE OF Plainview HOMES
No Bedroom 2.93
1 Bedroom 1.44
2 Bedrooms 8.33
3 Bedrooms 53.33
4 Bedrooms 26.61
5 or more bedrooms 7.36