Sleepy Hollow, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Sleepy Hollow Neighborhoods Since 2000




Sleepy Hollow, 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

Sleepy Hollow Housing Market Information

With a population of 10,242, 3,711 total housing units (homes and apartments), and a median house value of $519,640, Sleepy Hollow house prices are not only among the most expensive in New York, Sleepy Hollow real estate also is some of the most expensive in all of America.

Large apartment complexes or high rise apartments are the single most common housing type in Sleepy Hollow, accounting for 44.46% of the village's housing units. Other types of housing that are prevalent in Sleepy Hollow include single-family detached homes ( 26.46%), duplexes, homes converted to apartments or other small apartment buildings ( 25.78%), and a few row houses and other attached homes ( 3.30%). Villages with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact villages that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.

People in Sleepy Hollow primarily live in small (one, two or no bedroom) units, chiefly found in large apartment complexes or high rise apartments. Sleepy Hollow has a mixture of owner-occupied and renter-occupied housing.

The housing in Sleepy Hollow was primarily built before 1939 ( 46.43%), making the housing stock in Sleepy Hollow some of the oldest overall in America, although there is a range of ages of homes in Sleepy Hollow. The next most important housing age is between 1940-1969 ( 23.61%), followed by between 2000 and later ( 18.95%). There's also some housing in Sleepy Hollow built between 1970-1999 ( 11.02%).

Sleepy Hollow Home Appreciation Rates

Real estate appreciation rates in Sleepy Hollow's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.68% during the period.

Appreciation rates are so strong in Sleepy Hollow that despite a nationwide downturn in the housing market, Sleepy Hollow real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Sleepy Hollow appreciation rates continue to be some of the highest in America, at 5.58%, which is higher than appreciation rates in 70.13% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Sleepy Hollow. Sleepy Hollow 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 Sleepy Hollow's latest annual appreciation rate is higher than 80% of the other cities and towns in New York.

Average Home Values

 

Median Home Value:
$519,640

Sleepy Hollow, NY HOME PRICES

Value Range
> $1,126,000 12.6
$845,001 - $1,126,000 9.3
$563,001 - $845,000 28.9
$451,001 - $563,000 19.9
$338,001 - $451,000 13.9
$225,001 - $338,000 7.6
$113,001 - $225,000 3.1
$56,001 - $113,000 0.4
$0 - $56,000 4.3

Very High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
5.40841439118716 15.2637485970819

Number Of Homes And Apartments:
3,711

Sleepy Hollow 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
69.99% 3.12% 8 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,796 / per month

Homeownership Rate

Homeownership
Owners 38.23
Renters 61.77
Vacant 2.88

Housing Market Details

 

Age of Homes

AGE OF Sleepy Hollow HOMES
2000 or Newer 18.9
1970 - 1999 11.0
1940 - 1969 23.6
1939 or Older 46.4

Types of Homes

TYPE OF Sleepy Hollow HOMES
Single-Family 26.5
Townhomes 3.3
Small Apt. Buildings 25.8
Apt. Complexes 44.5
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Sleepy Hollow HOMES
No Bedroom 1.88
1 Bedroom 28.19
2 Bedrooms 31.69
3 Bedrooms 20.44
4 Bedrooms 14.58
5 or more bedrooms 3.22