Sayville, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Sayville Neighborhoods Since 2000




Sayville, 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

Sayville Housing Market Information

With 16,915 people, 5,749 houses or apartments, and a median cost of homes of $466,574, Sayville house prices are not only among the most expensive in New York, Sayville 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 Sayville, accounting for 77.59% of the town's housing units. Other types of housing that are prevalent in Sayville include large apartment complexes or high rise apartments ( 14.09%), duplexes, homes converted to apartments or other small apartment buildings ( 4.50%), and a few row houses and other attached homes ( 3.82%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Sayville. Owner-occupied housing accounts for 77.51% of Sayville's homes, and 64.08% 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. Sayville's housing was primarily built during this period, from the '40s through the '60s. A full 45.51% of the town's housing hails from this era. Other housing ages represented in Sayville include homes built between 1970-1999 ( 27.21%) and housing constructed before 1939 ( 21.40%). There's also some housing in Sayville built between 2000 and later ( 5.88%).

Sayville Home Appreciation Rates

Sayville's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Sayville during the period has been just -1.11%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Sayville's appreciation rate, at 4.68%, has been at or slightly above the national average. In the latest quarter, Sayville's appreciation rate has been 0.66%, which annualizes to a rate of 2.68%.

Relative to New York, our data show that Sayville's latest annual appreciation rate is higher than 70% of the other cities and towns in New York.

Average Home Values

 

Median Home Value:
$466,574

Sayville, NY HOME PRICES

Value Range
> $1,075,000 1.2
$806,001 - $1,075,000 4.8
$537,001 - $806,000 21.9
$430,001 - $537,000 27.9
$322,001 - $430,000 31.4
$215,001 - $322,000 8.5
$108,001 - $215,000 2.7
$54,001 - $108,000 0.3
$0 - $54,000 1.3

Very High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
6.86159615609985 19.1919191919192

Number Of Homes And Apartments:
5,749

Sayville 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
69.29% 3.10% 8 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,338 / per month

Homeownership Rate

Homeownership
Owners 77.51
Renters 22.49
Vacant 3.13

Housing Market Details

 

Age of Homes

AGE OF Sayville HOMES
2000 or Newer 5.9
1970 - 1999 27.2
1940 - 1969 45.5
1939 or Older 21.4

Types of Homes

TYPE OF Sayville HOMES
Single-Family 77.6
Townhomes 3.8
Small Apt. Buildings 4.5
Apt. Complexes 14.1
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Sayville HOMES
No Bedroom 1.50
1 Bedroom 10.04
2 Bedrooms 17.88
3 Bedrooms 35.28
4 Bedrooms 28.80
5 or more bedrooms 6.50