Scarsdale, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Scarsdale Neighborhoods Since 2000




Scarsdale, 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

Scarsdale Housing Market Information

With 17,885 people, 5,487 houses or apartments, and a median cost of homes of $1,539,099, Scarsdale house prices are not only among the most expensive in New York, Scarsdale real estate also is some of the most expensive in all of America.

Scarsdale is a village of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Scarsdale than is found in 98% of the communities in America.

The large homes that make up Scarsdale are primarily owner-occupied ( 90.51%).

The housing in Scarsdale was primarily built before 1939 ( 49.39%), making the housing stock in Scarsdale some of the oldest overall in America, although there is a range of ages of homes in Scarsdale. The next most important housing age is between 1940-1969 ( 35.68%), followed by between 1970-1999 ( 10.31%). There's also some housing in Scarsdale built between 2000 and later ( 4.62%).

Scarsdale Home Appreciation Rates

Appreciation rates for homes in Scarsdale have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 13.16%, which ranks in the top 30% nationwide. This equates to an annual average Scarsdale house appreciation rate of 1.24%.

Appreciation rates are so strong in Scarsdale that despite a nationwide downturn in the housing market, Scarsdale real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Scarsdale appreciation rates continue to be some of the highest in America, at 5.97%, which is higher than appreciation rates in 73.77% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Scarsdale. Scarsdale appreciation rates in the latest quarter were at 0.66%, which equates to an annual appreciation rate of 2.68%.

Relative to New York, our data show that Scarsdale's latest annual appreciation rate is higher 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 Scarsdale differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Scarsdale - 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 Scarsdale real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$1,539,099

Scarsdale, NY HOME PRICES

Value Range
> $1,150,000 64.3
$863,001 - $1,150,000 20.5
$575,001 - $863,000 10.2
$460,001 - $575,000 1.5
$345,001 - $460,000 0.8
$230,001 - $345,000 0.8
$115,001 - $230,000 0.8
$58,001 - $115,000 0.5
$0 - $58,000 0.6

Very High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
0.36915504511895 1.34680134680135

Number Of Homes And Apartments:
5,487

Scarsdale 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
80.84% 3.49% 9 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$4,281 / per month

Homeownership Rate

Homeownership
Owners 90.51
Renters 9.49
Vacant 4.07

Housing Market Details

 

Age of Homes

AGE OF Scarsdale HOMES
2000 or Newer 4.6
1970 - 1999 10.3
1940 - 1969 35.7
1939 or Older 49.4

Types of Homes

TYPE OF Scarsdale HOMES
Single-Family 94.1
Townhomes 0.3
Small Apt. Buildings 0.6
Apt. Complexes 4.9
Mobile Homes 0.1
Other 0.0

Home Size

SIZE OF Scarsdale HOMES
No Bedroom 0.00
1 Bedroom 3.09
2 Bedrooms 3.16
3 Bedrooms 19.69
4 Bedrooms 35.56
5 or more bedrooms 38.50