Stony Brook, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Stony Brook Neighborhoods Since 2000




Stony Brook, 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

Stony Brook Housing Market Information

With a population of 13,827, 4,783 total housing units (homes and apartments), and a median house value of $418,723, real estate costs in Stony Brook are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive New York communities.

Single-family detached homes are the single most common housing type in Stony Brook, accounting for 85.77% of the town's housing units. Other types of housing that are prevalent in Stony Brook include row houses and other attached homes ( 10.46%), duplexes, homes converted to apartments or other small apartment buildings ( 2.99%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Stony Brook. Owner-occupied housing accounts for 89.42% of Stony Brook's homes, and 68.79% 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. Stony Brook's housing was primarily built during this period, from the '40s through the '60s. A full 63.11% of the town's housing hails from this era. Other housing ages represented in Stony Brook include homes built between 1970-1999 ( 27.03%) and housing constructed before 1939 ( 6.88%). There's also some housing in Stony Brook built between 2000 and later ( 2.97%).

Stony Brook Home Appreciation Rates

Stony Brook's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Stony Brook during the period has been just -1.87%, which is lower than 80% of US communities.

Over the last year, Stony Brook appreciation rates have trailed the rest of the nation. In the last twelve months, Stony Brook's appreciation rate has been 0.23%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Stony Brook were at 0.66%, which equates to an annual appreciation rate of 2.68%.

Relative to New York, our data show that Stony Brook's latest annual appreciation rate is lower than 80% of the other cities and towns in New York.

Average Home Values

 

Median Home Value:
$418,723

Stony Brook, NY HOME PRICES

Value Range
> $1,018,000 1.4
$764,001 - $1,018,000 4.8
$509,001 - $764,000 23.0
$407,001 - $509,000 37.5
$305,001 - $407,000 23.8
$204,001 - $305,000 6.7
$102,001 - $204,000 0.6
$51,001 - $102,000 0.3
$0 - $51,000 1.7

High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
8.54330247275284 22.2222222222222

Number Of Homes And Apartments:
4,783

Stony Brook 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
47.10% 2.26% 4 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,691 / per month

Homeownership Rate

Homeownership
Owners 89.42
Renters 10.58
Vacant 4.01

Housing Market Details

 

Age of Homes

AGE OF Stony Brook HOMES
2000 or Newer 3.0
1970 - 1999 27.0
1940 - 1969 63.1
1939 or Older 6.9

Types of Homes

TYPE OF Stony Brook HOMES
Single-Family 85.8
Townhomes 10.5
Small Apt. Buildings 3.0
Apt. Complexes 0.6
Mobile Homes 0.2
Other 0.0

Home Size

SIZE OF Stony Brook HOMES
No Bedroom 0.08
1 Bedroom 4.05
2 Bedrooms 12.84
3 Bedrooms 34.94
4 Bedrooms 33.86
5 or more bedrooms 14.23