Poughquag, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Poughquag, NY Real Estate Data


Poughquag Housing Market Information

With a population of 8,246, 1,489 total housing units (homes and apartments), and a median house value of $354,895, real estate costs in Poughquag 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 Poughquag, accounting for 82.94% of the town's housing units. Other types of housing that are prevalent in Poughquag include row houses and other attached homes ( 9.56%), duplexes, homes converted to apartments or other small apartment buildings ( 4.74%), and a few large apartment complexes or high rise apartments ( 1.45%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Poughquag. Owner-occupied housing accounts for 92.69% of Poughquag's homes, and 79.28% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Poughquag 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 Poughquag built between 2000 and later ( 23.16%). A lesser amount of the housing stock also hails from between 1940-1969 ( 13.53%). There's also some housing in Poughquag built before 1939 ( 6.38%).

Poughquag Home Appreciation Rates

Homes have actually lost value in Poughquag over the last then years, as home values have seen a decline of 23.31% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Poughquag home appreciation rates at 1.43%, which equates to an annual appreciation rate of 5.85%.

Over the last year, Poughquag appreciation rates have trailed the rest of the nation. In the last twelve months, Poughquag's appreciation rate has been 3.10%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Poughquag were at 1.43%, which equates to an annual appreciation rate of 5.85%.

Relative to New York, our data show that Poughquag's latest annual appreciation rate is lower than 50% of the other cities and towns in New York.

Average Home Values

 

Median Home Value:
$354,895

Poughquag, NY HOME PRICES

Value Range
> $1,004,000 1.0
$753,001 - $1,004,000 1.2
$502,001 - $753,000 9.3
$402,001 - $502,000 17.6
$301,001 - $402,000 44.6
$201,001 - $301,000 21.8
$100,001 - $201,000 2.3
$50,001 - $100,000 0.7
$0 - $50,000 1.7

High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
12.2445394390115 27.7216610549944

Number Of Homes And Apartments:
1,489

Rent & Ownership

 

Average Market Rent:
$1,224 / per month

Homeownership Rate

Homeownership
Owners 92.69
Renters 7.31
Vacant 4.85

Housing Market Details

 

Age of Homes

AGE OF Poughquag HOMES
2000 or Newer 23.2
1970 - 1999 56.9
1940 - 1969 13.5
1939 or Older 6.4

Types of Homes

TYPE OF Poughquag HOMES
Single-Family 82.9
Townhomes 9.6
Small Apt. Buildings 4.7
Apt. Complexes 1.5
Mobile Homes 1.1
Other 0.2

Home Size

SIZE OF Poughquag HOMES
No Bedroom 0.14
1 Bedroom 4.34
2 Bedrooms 11.66
3 Bedrooms 42.16
4 Bedrooms 37.12
5 or more bedrooms 4.59

Poughquag Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NY*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
27.35% 1.43% 1 3
* 10 is highest