Stamford, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Stamford Neighborhoods Since 2000




Stamford, 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

Stamford Housing Market Information

With 1,071 people, 584 houses or apartments, and a median cost of homes of $166,062, Stamford real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Stamford, accounting for 48.92% of the village's housing units. Other types of housing that are prevalent in Stamford include large apartment complexes or high rise apartments ( 22.94%), duplexes, homes converted to apartments or other small apartment buildings ( 20.92%), and a few mobile homes or trailers ( 7.22%).

People in Stamford primarily live in small (one, two or no bedroom) single-family detached homes. Stamford has a mixture of owner-occupied and renter-occupied housing.

The housing in Stamford was primarily built before 1939 ( 49.06%), making the housing stock in Stamford some of the oldest overall in America, although there is a range of ages of homes in Stamford. The next most important housing age is between 1970-1999 ( 26.70%), followed by between 1940-1969 ( 18.04%). There's also some housing in Stamford built between 2000 and later ( 6.20%).

Vacant housing appears to be an issue in Stamford. Fully 15.73% of the housing stock is classified as vacant. Left unchecked, vacant Stamford homes and apartments can be a drag on the real estate market, holding Stamford 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.

Stamford Home Appreciation Rates

Appreciation rates for homes in Stamford have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 6.16%, which ranks in the top 40% nationwide. This equates to an annual average Stamford house appreciation rate of 0.60%.

Over the last year, Stamford appreciation rates have trailed the rest of the nation. In the last twelve months, Stamford's appreciation rate has been 2.03%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Stamford were at -0.56%, which equates to an annual appreciation rate of -2.23%.

Notably, Stamford's appreciation rate in the latest quarter is one of the lowest in America.

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

Average Home Values

 

Median Home Value:
$166,062

Stamford, NY HOME PRICES

Value Range
> $1,053,000 1.3
$790,001 - $1,053,000 0.0
$527,001 - $790,000 4.5
$421,001 - $527,000 1.9
$316,001 - $421,000 6.8
$211,001 - $316,000 14.1
$106,001 - $211,000 38.2
$53,001 - $106,000 21.3
$0 - $53,000 11.8

Average for NY
Average for Nation

Value Relative to Nation Value Relative to State
43.2145786944803 52.9741863075196

Number Of Homes And Apartments:
584

Stamford 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
66.53% 3.00% 7 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$703 / per month

Homeownership Rate

Homeownership
Owners 45.62
Renters 54.38
Vacant 15.73

Housing Market Details

 

Age of Homes

AGE OF Stamford HOMES
2000 or Newer 6.2
1970 - 1999 26.7
1940 - 1969 18.0
1939 or Older 49.1

Types of Homes

TYPE OF Stamford HOMES
Single-Family 48.9
Townhomes 0.0
Small Apt. Buildings 20.9
Apt. Complexes 22.9
Mobile Homes 7.2
Other 0.0

Home Size

SIZE OF Stamford HOMES
No Bedroom 25.69
1 Bedroom 9.96
2 Bedrooms 15.44
3 Bedrooms 30.74
4 Bedrooms 12.41
5 or more bedrooms 5.77