Selkirk, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Selkirk Neighborhoods Since 2000




Selkirk, 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

Selkirk Housing Market Information

With 11,037 people, 2,465 houses or apartments, and a median cost of homes of $290,086, Selkirk real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Selkirk, accounting for 73.99% of the town's housing units. Other types of housing that are prevalent in Selkirk include row houses and other attached homes ( 11.66%), duplexes, homes converted to apartments or other small apartment buildings ( 7.94%), and a few mobile homes or trailers ( 3.55%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Selkirk. Owner-occupied housing accounts for 83.96% of Selkirk's homes, and 71.39% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Selkirk built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Selkirk built between 2000 and later ( 17.57%). A lesser amount of the housing stock also hails from between 1940-1969 ( 16.26%). There's also some housing in Selkirk built before 1939 ( 12.68%).

Selkirk Home Appreciation Rates

Real estate appreciation rates in Selkirk's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.30% during the period.

Over the last year, Selkirk appreciation rates have trailed the rest of the nation. In the last twelve months, Selkirk's appreciation rate has been 1.78%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Selkirk were at 0.82%, which equates to an annual appreciation rate of 3.32%.

Relative to New York, our data show that Selkirk's latest annual appreciation rate is lower than 50% of the other cities and towns in New York.

Average Home Values

 

Median Home Value:
$290,086

Selkirk, NY HOME PRICES

Value Range
> $1,031,000 0.0
$773,001 - $1,031,000 0.1
$515,001 - $773,000 2.2
$412,001 - $515,000 8.8
$309,001 - $412,000 23.1
$206,001 - $309,000 38.0
$103,001 - $206,000 21.3
$51,001 - $103,000 1.2
$0 - $51,000 5.4

High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
17.2799718739013 33.4455667789001

Number Of Homes And Apartments:
2,465

Selkirk 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
59.72% 2.75% 6 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,550 / per month

Homeownership Rate

Homeownership
Owners 83.96
Renters 16.04
Vacant 5.68

Housing Market Details

 

Age of Homes

AGE OF Selkirk HOMES
2000 or Newer 17.6
1970 - 1999 53.5
1940 - 1969 16.3
1939 or Older 12.7

Types of Homes

TYPE OF Selkirk HOMES
Single-Family 74.0
Townhomes 11.7
Small Apt. Buildings 7.9
Apt. Complexes 2.9
Mobile Homes 3.5
Other 0.0

Home Size

SIZE OF Selkirk HOMES
No Bedroom 0.00
1 Bedroom 3.68
2 Bedrooms 21.00
3 Bedrooms 38.56
4 Bedrooms 32.84
5 or more bedrooms 3.92