Stony Point, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Stony Point Neighborhoods Since 2000




Stony Point, 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 Point Housing Market Information

With 12,473 people, 4,257 houses or apartments, and a median cost of homes of $336,007, real estate costs in Stony Point 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 Point, accounting for 77.12% of the town's housing units. Other types of housing that are prevalent in Stony Point include duplexes, homes converted to apartments or other small apartment buildings ( 9.65%), large apartment complexes or high rise apartments ( 6.55%), and a few mobile homes or trailers ( 5.56%).

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 Point. Owner-occupied housing accounts for 82.88% of Stony Point's homes, and 64.86% 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 Point's housing was primarily built during this period, from the '40s through the '60s. A full 40.04% of the town's housing hails from this era. Other housing ages represented in Stony Point include homes built between 1970-1999 ( 38.00%) and housing constructed before 1939 ( 13.34%). There's also some housing in Stony Point built between 2000 and later ( 8.62%).

Stony Point Home Appreciation Rates

Homes have actually lost value in Stony Point over the last then years, as home values have seen a decline of 26.01% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Stony Point home appreciation rates at 0.66%, which equates to an annual appreciation rate of 2.68%.

Over the last year, Stony Point appreciation rates have trailed the rest of the nation. In the last twelve months, Stony Point's appreciation rate has been 2.58%, 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 Point were at 0.66%, which equates to an annual appreciation rate of 2.68%.

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

Average Home Values

 

Median Home Value:
$336,007

Stony Point, NY HOME PRICES

Value Range
> $1,022,000 0.8
$766,001 - $1,022,000 3.5
$511,001 - $766,000 14.2
$409,001 - $511,000 15.0
$307,001 - $409,000 38.1
$205,001 - $307,000 16.9
$102,001 - $205,000 3.3
$51,001 - $102,000 1.6
$0 - $51,000 6.6

High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
13.1987577639752 29.2368125701459

Number Of Homes And Apartments:
4,257

Stony Point 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
26.28% 1.36% 1 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,814 / per month

Homeownership Rate

Homeownership
Owners 82.88
Renters 17.12
Vacant 6.44

Housing Market Details

 

Age of Homes

AGE OF Stony Point HOMES
2000 or Newer 8.6
1970 - 1999 38.0
1940 - 1969 40.0
1939 or Older 13.3

Types of Homes

TYPE OF Stony Point HOMES
Single-Family 77.1
Townhomes 1.1
Small Apt. Buildings 9.6
Apt. Complexes 6.5
Mobile Homes 5.6
Other 0.0

Home Size

SIZE OF Stony Point HOMES
No Bedroom 2.20
1 Bedroom 8.22
2 Bedrooms 16.86
3 Bedrooms 30.95
4 Bedrooms 33.91
5 or more bedrooms 7.87