Stillwater, NY Real Estate Market

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 Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Stillwater, NY Housing Market Trends

With a population of 1,710, 741 total housing units (homes and apartments), and a median house value of $221,754, Stillwater real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Stillwater, accounting for 62.51% of the village's housing units. Other types of housing that are prevalent in Stillwater include duplexes, homes converted to apartments or other small apartment buildings ( 20.57%), mobile homes or trailers ( 6.97%), and a few large apartment complexes or high rise apartments ( 6.97%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Stillwater. Owner-occupied housing accounts for 69.77% of Stillwater's homes, and 69.14% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Stillwater 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 Stillwater built before 1939 ( 38.06%). A lesser amount of the housing stock also hails from between 2000 and later ( 12.57%). There's also some housing in Stillwater built between 1940-1969 ( 10.63%).

Vacant housing appears to be an issue in Stillwater. Fully 15.31% of the housing stock is classified as vacant. Left unchecked, vacant Stillwater homes and apartments can be a drag on the real estate market, holding Stillwater 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.

Stillwater Home Appreciation Rates

Stillwater's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Stillwater during the period has been just 1.27%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Stillwater's appreciation rate, at 5.63%, has been at or slightly above the national average. In the latest quarter, Stillwater's appreciation rate has been 1.28%, which annualizes to a rate of 5.23%.

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

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

Average Home Values

 

Median Home Value:
$221,754

Stillwater, NY HOME PRICES

> $1,097,000
0.2%
0.2%
$823,001 - $1,097,000
0.0%
0.0%
$549,001 - $823,000
0.2%
0.2%
$439,001 - $549,000
0.3%
0.3%
$329,001 - $439,000
10.5%
10.5%
$219,001 - $329,000
41.1%
41.1%
$110,001 - $219,000
40.9%
40.9%
$55,001 - $110,000
0.6%
0.6%
$0 - $55,000
6.2%
6.2%
0.0% 100.0%
% OF HOMES
Value Relative To State

High for Nation

Average for NY

Value Relative To Nation

Number Of Homes And Apartments:
741

Stillwater Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NY*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
101.93% 3.40%
7
8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,291 / per month

Homeownership Rate

Owners
69.8%
69.8%
Renters
30.2%
30.2%
Vacant
15.3%
15.3%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
12.6%
12.6%
1970 - 1999
38.7%
38.7%
1940 - 1969
10.6%
10.6%
1939 or Older
38.1%
38.1%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
62.5%
62.5%
Townhomes
3.0%
3.0%
Small Apt. Buildings
20.6%
20.6%
Apt. Complexes
7.0%
7.0%
Mobile Homes
7.0%
7.0%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.0%
1.0%
1 Bedroom
9.6%
9.6%
2 Bedrooms
19.0%
19.0%
3 Bedrooms
55.9%
55.9%
4 Bedrooms
13.3%
13.3%
5 or more bedrooms
1.3%
1.3%
0.0% 100.0%
% OF HOMES