New York
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Top Ten Highest Appreciating NY Cities Since 2000




New York Real Estate Values & Housing Market 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

Average Home Values

Median Home Value:
$399,817

Number Of Homes And Apartments:
7,262,279

New York Home Prices

Value Range
> $1,110,000 6.3
$833,001 - $1,110,000 5.9
$555,001 - $833,000 15.7
$444,001 - $555,000 11.7
$333,001 - $444,000 14.1
$222,001 - $333,000 13.2
$111,001 - $222,000 17.5
$56,001 - $111,000 9.9
$0 - $56,000 5.6

New York Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2016 Q4 - 2017 Q1
0.36% 1.43% 4
Last 12 Months:
2016 Q1 - 2017 Q1
4.53% 4.53% 6
Last 2 Years:
2015 Q1 - 2017 Q1
7.61% 3.73% 4
Last 5 Years:
2012 Q1 - 2017 Q1
13.26% 2.52% 4
Last 10 Years:
2007 Q1 - 2017 Q1
-1.41% -0.14% 3
Since 2000:
2000 Q1 - 2017 Q1
88.57% 3.80% 8
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,652 / per month

Homeownership Rate

Homeownership
Owners 52.05
Renters 47.95
Vacant 11.13

Housing Details

Age of Homes

AGE OF New York HOMES
2000 or Newer 7.6
1970 - 1999 23.7
1940 - 1969 36.1
1939 or Older 32.6

Types of Homes

TYPE OF New York HOMES
Single-Family 41.9
Townhomes 4.9
Small Apt. Buildings 17.9
Apt. Complexes 32.8
Mobile Homes 2.4
Other 0.0

Home Size

SIZE OF New York HOMES
No Bedroom 4.50
1 Bedroom 19.56
2 Bedrooms 26.76
3 Bedrooms 31.57
4 Bedrooms 13.29
5 or more bedrooms 4.32