Rye Brook, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Rye Brook Neighborhoods Since 2000




Rye Brook, NY Real Estate 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

Rye Brook Housing Market Information

With a population of 9,611, 3,449 total housing units (homes and apartments), and a median house value of $888,877, Rye Brook house prices are not only among the most expensive in New York, Rye Brook 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 Rye Brook, accounting for 65.64% of the village's housing units. Other types of housing that are prevalent in Rye Brook include duplexes, homes converted to apartments or other small apartment buildings ( 14.17%), row houses and other attached homes ( 11.75%), and a few large apartment complexes or high rise apartments ( 8.44%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Rye Brook. Owner-occupied housing accounts for 78.21% of Rye Brook's homes, and 62.32% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Rye Brook's housing was primarily built during this period, from the '40s through the '60s. A full 43.01% of the village's housing hails from this era. Other housing ages represented in Rye Brook include homes built between 1970-1999 ( 26.85%) and housing constructed before 1939 ( 18.20%). There's also some housing in Rye Brook built between 2000 and later ( 11.94%).

Rye Brook Home Appreciation Rates

Real estate appreciation rates in Rye Brook's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.55% during the period.

NeighborhoodScout's data show that during the latest twelve months, Rye Brook's appreciation rate, at 3.70%, has been at or slightly above the national average. In the latest quarter, Rye Brook's appreciation rate has been 0.66%, which annualizes to a rate of 2.68%.

Relative to New York, our data show that Rye Brook's latest annual appreciation rate is higher than 60% of the other cities and towns in New York.

Average Home Values

 

Median Home Value:
$888,877

Rye Brook, NY HOME PRICES

Value Range
> $1,114,000 16.2
$836,001 - $1,114,000 30.5
$557,001 - $836,000 30.0
$446,001 - $557,000 12.7
$334,001 - $446,000 6.2
$223,001 - $334,000 3.7
$111,001 - $223,000 0.0
$56,001 - $111,000 0.5
$0 - $56,000 0.2

Very High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
1.4766201804758 4.71380471380471

Number Of Homes And Apartments:
3,449

Rye Brook Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NY*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
57.35% 2.66% 5 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,302 / per month

Homeownership Rate

Homeownership
Owners 78.21
Renters 21.79
Vacant 8.49

Housing Market Details

 

Age of Homes

AGE OF Rye Brook HOMES
2000 or Newer 11.9
1970 - 1999 26.9
1940 - 1969 43.0
1939 or Older 18.2

Types of Homes

TYPE OF Rye Brook HOMES
Single-Family 65.6
Townhomes 11.8
Small Apt. Buildings 14.2
Apt. Complexes 8.4
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Rye Brook HOMES
No Bedroom 1.06
1 Bedroom 11.17
2 Bedrooms 18.12
3 Bedrooms 33.88
4 Bedrooms 28.44
5 or more bedrooms 7.32