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 16,069, 5,749 total housing units (homes and apartments), and a median house value of $883,239, Port Washington house prices are not only among the most expensive in New York, Port Washington 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 Port Washington, accounting for 67.68% of the town's housing units. Other types of housing that are prevalent in Port Washington include large apartment complexes or high rise apartments ( 15.74%), duplexes, homes converted to apartments or other small apartment buildings ( 14.12%), and a few row houses and other attached homes ( 2.46%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Port Washington. Owner-occupied housing accounts for 69.55% of Port Washington's homes, and 60.41% 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. Port Washington's housing was primarily built during this period, from the '40s through the '60s. A full 45.38% of the town's housing hails from this era. Other housing ages represented in Port Washington include homes built before 1939 ( 35.13%) and housing constructed between 2000 and later ( 11.89%). There's also some housing in Port Washington built between 1970-1999 ( 7.60%).
Appreciation rates for homes in Port Washington have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 33.27%, which ranks in the top 30% nationwide. This equates to an annual average Port Washington house appreciation rate of 2.91%.
Over the last year, Port Washington appreciation rates have trailed the rest of the nation. In the last twelve months, Port Washington's appreciation rate has been 2.25%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Port Washington were at 0.47%, which equates to an annual appreciation rate of 1.88%.
Notably, Port Washington's appreciation rate in the latest quarter is one of the lowest in America.
Relative to New York, our data show that Port Washington's latest annual appreciation rate is higher than 60% of the other cities and towns in New York.
|$897,001 - $1,195,000||33.5|
|$598,001 - $897,000||32.5|
|$478,001 - $598,000||8.6|
|$358,001 - $478,000||1.8|
|$239,001 - $358,000||0.4|
|$120,001 - $239,000||1.0|
|$60,001 - $120,000||0.8|
|$0 - $60,000||0.8|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2019 Q2 - 2019 Q3
Last 12 Months:
2018 Q3 - 2019 Q3
Last 2 Years:
2017 Q3 - 2019 Q3
Last 5 Years:
2014 Q3 - 2019 Q3
Last 10 Years:
2009 Q3 - 2019 Q3
2000 Q1 - 2019 Q3
|* 10 is highest|
|AGE OF Port Washington HOMES|
|2000 or Newer||11.9|
|1970 - 1999||7.6|
|1940 - 1969||45.4|
|1939 or Older||35.1|
|TYPE OF Port Washington HOMES|
|Small Apt. Buildings||14.1|
|SIZE OF Port Washington HOMES|
|5 or more bedrooms||5.33|