New York
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

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 Q2 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:
$404,526

Number Of Homes And Apartments:
7,262,279

New York Home Prices

Value Range
> $1,130,000 6.2
$847,001 - $1,130,000 5.9
$565,001 - $847,000 15.6
$452,001 - $565,000 11.7
$339,001 - $452,000 14.1
$226,001 - $339,000 13.2
$113,001 - $226,000 17.6
$57,001 - $113,000 10.0
$0 - $57,000 5.6

New York Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2017 Q1 - 2017 Q2
1.35% 5.49% 3
Last 12 Months:
2016 Q2 - 2017 Q2
4.31% 4.31% 4
Last 2 Years:
2015 Q2 - 2017 Q2
8.34% 4.09% 5
Last 5 Years:
2012 Q2 - 2017 Q2
16.00% 3.01% 4
Last 10 Years:
2007 Q2 - 2017 Q2
0.33% 0.03% 3
Since 2000:
2000 Q1 - 2017 Q2
91.31% 3.83% 8
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,675 / 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