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 about Scout's Real Estate Data
With 25,814 people, 10,070 houses or apartments, and a median cost of homes of $760,354, Rockville Centre house prices are not only among the most expensive in New York, Rockville Centre 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 Rockville Centre, accounting for 61.96% of the village's housing units. Other types of housing that are prevalent in Rockville Centre include large apartment complexes or high rise apartments ( 30.42%), duplexes, homes converted to apartments or other small apartment buildings ( 5.79%), and a few row houses and other attached homes ( 1.49%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Rockville Centre. Owner-occupied housing accounts for 71.70% of Rockville Centre's homes, and 53.01% have either three or four bedrooms, which is average sized relative to America.
The housing in Rockville Centre was primarily built before 1939 ( 42.19%), making the housing stock in Rockville Centre some of the oldest overall in America, although there is a range of ages of homes in Rockville Centre. The next most important housing age is between 1940-1969 ( 40.56%), followed by between 1970-1999 ( 11.49%). There's also some housing in Rockville Centre built between 2000 and later ( 5.76%).
Rockville Centre's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Rockville Centre during the period has been just 3.65%, which is lower than 80% of US communities.
Over the last year, Rockville Centre appreciation rates have trailed the rest of the nation. In the last twelve months, Rockville Centre's appreciation rate has been 6.57%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Rockville Centre were at -0.73%, which equates to an annual appreciation rate of -2.87%.
Relative to New York, our data show that Rockville Centre's latest annual appreciation rate is lower than 80% of the other cities and towns in New York.
One very important thing to keep in mind is that these are average appreciation rates for the village. Individual neighborhoods within Rockville Centre differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Rockville Centre - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Rockville Centre real estate investment or home purchase decisions.
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