Selkirk, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Selkirk, NY Real Estate Data


Selkirk Housing Market Information

With 11,037 people, 2,494 houses or apartments, and a median cost of homes of $260,741, 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 73.44% of the town's housing units. Other types of housing that are prevalent in Selkirk include row houses and other attached homes ( 11.00%), duplexes, homes converted to apartments or other small apartment buildings ( 9.49%), and a few mobile homes or trailers ( 3.28%).

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 80.31% of Selkirk's homes, and 70.18% 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 1940-1969 ( 16.63%). A lesser amount of the housing stock also hails from between 2000 and later ( 16.25%). There's also some housing in Selkirk built before 1939 ( 13.56%).

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 -0.19% 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 3.84%, 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 1.15%, which equates to an annual appreciation rate of 4.70%.

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

Average Home Values

 

Median Home Value:
$260,741

Selkirk, NY HOME PRICES

Value Range
> $1,020,000 0.0
$764,001 - $1,020,000 0.3
$509,001 - $764,000 2.4
$408,001 - $509,000 7.7
$306,001 - $408,000 21.9
$204,001 - $306,000 38.6
$102,001 - $204,000 22.8
$51,001 - $102,000 1.2
$0 - $51,000 5.0

High for NY
High for Nation

Value Relative to Nation Value Relative to State
21.5026058441178 36.2514029180696

Number Of Homes And Apartments:
2,494

Rent & Ownership

 

Average Market Rent:
$1,326 / per month

Homeownership Rate

Homeownership
Owners 80.31
Renters 19.69
Vacant 3.77

Housing Market Details

 

Age of Homes

AGE OF Selkirk HOMES
2000 or Newer 16.2
1970 - 1999 53.6
1940 - 1969 16.6
1939 or Older 13.6

Types of Homes

TYPE OF Selkirk HOMES
Single-Family 73.4
Townhomes 11.0
Small Apt. Buildings 9.5
Apt. Complexes 2.8
Mobile Homes 3.3
Other 0.0

Home Size

SIZE OF Selkirk HOMES
No Bedroom 0.15
1 Bedroom 3.98
2 Bedrooms 22.32
3 Bedrooms 36.36
4 Bedrooms 33.82
5 or more bedrooms 3.37

Selkirk Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NY*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
62.51% 2.90% 6 8
* 10 is highest