St. James, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating St. James Neighborhoods Since 2000




St. James, 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

St. James Housing Market Information

With 13,411 people, 4,561 houses or apartments, and a median cost of homes of $477,014, St. James house prices are not only among the most expensive in New York, St. James real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in St. James, accounting for 81.78% of the town's housing units. Other types of housing that are prevalent in St. James include row houses and other attached homes ( 7.77%), large apartment complexes or high rise apartments ( 6.83%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.62%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in St. James. Owner-occupied housing accounts for 86.17% of St. James's homes, and 69.80% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. St. James's housing was primarily built during this period, from the '40s through the '60s. A full 49.58% of the town's housing hails from this era. Other housing ages represented in St. James include homes built between 1970-1999 ( 35.65%) and housing constructed between 2000 and later ( 8.02%). There's also some housing in St. James built before 1939 ( 6.75%).

St. James Home Appreciation Rates

St. James's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in St. James during the period has been just -1.48%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, St. James's appreciation rate, at 4.27%, has been at or slightly above the national average. In the latest quarter, St. James's appreciation rate has been 0.66%, which annualizes to a rate of 2.68%.

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

Average Home Values

 

Median Home Value:
$477,014

St. James, NY HOME PRICES

Value Range
> $1,068,000 1.9
$801,001 - $1,068,000 6.0
$534,001 - $801,000 19.4
$427,001 - $534,000 31.6
$320,001 - $427,000 30.8
$214,001 - $320,000 5.9
$107,001 - $214,000 1.1
$54,001 - $107,000 1.3
$0 - $54,000 2.0

Very High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
6.54810734794328 18.3501683501683

Number Of Homes And Apartments:
4,561

St. James 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
54.97% 2.57% 5 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,705 / per month

Homeownership Rate

Homeownership
Owners 86.17
Renters 13.83
Vacant 5.02

Housing Market Details

 

Age of Homes

AGE OF St. James HOMES
2000 or Newer 8.0
1970 - 1999 35.7
1940 - 1969 49.6
1939 or Older 6.7

Types of Homes

TYPE OF St. James HOMES
Single-Family 81.8
Townhomes 7.8
Small Apt. Buildings 3.6
Apt. Complexes 6.8
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF St. James HOMES
No Bedroom 1.46
1 Bedroom 6.91
2 Bedrooms 15.31
3 Bedrooms 41.15
4 Bedrooms 28.65
5 or more bedrooms 6.52