New York
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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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 2018. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2016 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Average Home Values

Median Home Value:
$434,758

Number Of Homes And Apartments:
7,266,187

New York Home Prices

Value Range
> $1,164,333 6.8
$873,077 - $1,164,333 6.2
$582,195 - $873,076 15.7
$465,790 - $582,194 11.4
$349,374 - $465,789 13.8
$232,901 - $349,373 13.2
$116,440 - $232,900 17.4
$58,210 - $116,439 9.9
$0 - $58,209 5.6

New York Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2017 Q4 - 2018 Q1
1.06% 4.29%
5
Last 12 Months:
2017 Q1 - 2018 Q1
5.98% 5.98%
6
Last 2 Years:
2016 Q1 - 2018 Q1
11.17% 5.44%
6
Last 5 Years:
2013 Q1 - 2018 Q1
20.07% 3.73%
5
Last 10 Years:
2008 Q1 - 2018 Q1
5.26% 0.51%
4
Since 2000:
2000 Q1 - 2018 Q1
99.50% 3.91%
8
* 10 is highest


Rent & Homeownership

Average Market Rent:
$1,817 / per month

Homeownership Rate

Homeownership
Owners 52.02
Renters 47.98
Vacant 11.30

Housing Details

Age of Homes

AGE OF New York HOMES
2000 or Newer 7.8
1970 - 1999 23.7
1940 - 1969 35.9
1939 or Older 32.5

Types of Homes

TYPE OF New York HOMES
Single-Family 41.9
Townhomes 5.0
Small Apt. Buildings 17.8
Apt. Complexes 33.0
Mobile Homes 2.4
Other 0.0

Home Size

SIZE OF New York HOMES
No Bedroom 4.61
1 Bedroom 19.41
2 Bedrooms 26.71
3 Bedrooms 31.62
4 Bedrooms 13.38
5 or more bedrooms 4.26