Shirley, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Shirley Neighborhoods Since 2000




Shirley, 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

Shirley Housing Market Information

With a population of 25,753, 7,568 total housing units (homes and apartments), and a median house value of $290,136, Shirley real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Shirley, accounting for 95.40% of the town's housing units. Other types of housing that are prevalent in Shirley include row houses and other attached homes ( 1.74%), duplexes, homes converted to apartments or other small apartment buildings ( 1.60%), and a few large apartment complexes or high rise apartments ( 1.02%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Shirley. Owner-occupied housing accounts for 80.61% of Shirley's homes, and 75.04% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Shirley 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 Shirley built between 1940-1969 ( 24.46%). A lesser amount of the housing stock also hails from between 2000 and later ( 12.48%). There's also some housing in Shirley built before 1939 ( 1.15%).

Vacant housing appears to be an issue in Shirley. Fully 10.45% of the housing stock is classified as vacant. Left unchecked, vacant Shirley homes and apartments can be a drag on the real estate market, holding Shirley real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Shirley Home Appreciation Rates

Homes have actually lost value in Shirley over the last then years, as home values have seen a decline of 29.68% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Shirley home appreciation rates at 0.66%, which equates to an annual appreciation rate of 2.68%.

NeighborhoodScout's data show that during the latest twelve months, Shirley's appreciation rate, at 4.46%, has been at or slightly above the national average. In the latest quarter, Shirley's appreciation rate has been 0.66%, which annualizes to a rate of 2.68%.

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

Average Home Values

 

Median Home Value:
$290,136

Shirley, NY HOME PRICES

Value Range
> $1,092,000 0.1
$819,001 - $1,092,000 0.0
$546,001 - $819,000 1.7
$437,001 - $546,000 2.6
$328,001 - $437,000 21.3
$219,001 - $328,000 48.3
$109,001 - $219,000 21.6
$55,001 - $109,000 1.4
$0 - $55,000 3.0

High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
17.262393062229 33.3333333333333

Number Of Homes And Apartments:
7,568

Shirley 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
57.62% 2.67% 5 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,746 / per month

Homeownership Rate

Homeownership
Owners 80.61
Renters 19.39
Vacant 10.45

Housing Market Details

 

Age of Homes

AGE OF Shirley HOMES
2000 or Newer 12.5
1970 - 1999 61.9
1940 - 1969 24.5
1939 or Older 1.1

Types of Homes

TYPE OF Shirley HOMES
Single-Family 95.4
Townhomes 1.7
Small Apt. Buildings 1.6
Apt. Complexes 1.0
Mobile Homes 0.2
Other 0.0

Home Size

SIZE OF Shirley HOMES
No Bedroom 0.00
1 Bedroom 4.01
2 Bedrooms 10.03
3 Bedrooms 51.46
4 Bedrooms 23.58
5 or more bedrooms 10.91