Stormville, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Stormville Neighborhoods Since 2000




Stormville, 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

Stormville Housing Market Information

With 7,561 people, 1,223 houses or apartments, and a median cost of homes of $385,464, real estate costs in Stormville 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 Stormville, accounting for 62.83% of the town's housing units. Other types of housing that are prevalent in Stormville include duplexes, homes converted to apartments or other small apartment buildings ( 4.29%), mobile homes or trailers ( 4.10%), and a few large apartment complexes or high rise apartments ( 2.15%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Stormville. Owner-occupied housing accounts for 65.51% of Stormville's homes, and 56.31% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Stormville 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 Stormville built between 1940-1969 ( 13.88%). A lesser amount of the housing stock also hails from between 2000 and later ( 13.19%). There's also some housing in Stormville built before 1939 ( 2.91%).

Stormville Home Appreciation Rates

Homes have actually lost value in Stormville over the last then years, as home values have seen a decline of 23.24% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Stormville home appreciation rates at 0.66%, which equates to an annual appreciation rate of 2.68%.

NeighborhoodScout's data show that during the latest twelve months, Stormville's appreciation rate, at 4.09%, has been at or slightly above the national average. In the latest quarter, Stormville's appreciation rate has been 0.66%, which annualizes to a rate of 2.68%.

Relative to New York, our data show that Stormville's latest annual appreciation rate is higher than 60% of the other cities and towns in New York.

Average Home Values

 

Median Home Value:
$385,464

Stormville, NY HOME PRICES

Value Range
> $1,052,000 0.0
$789,001 - $1,052,000 0.0
$526,001 - $789,000 15.1
$421,001 - $526,000 21.3
$316,001 - $421,000 29.6
$210,001 - $316,000 27.5
$105,001 - $210,000 4.1
$53,001 - $105,000 1.1
$0 - $53,000 1.3

High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
10.1546935427165 25.2525252525253

Number Of Homes And Apartments:
1,223

Stormville 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
38.15% 1.89% 2 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,951 / per month

Homeownership Rate

Homeownership
Owners 65.51
Renters 7.85
Vacant 9.47

Housing Market Details

 

Age of Homes

AGE OF Stormville HOMES
2000 or Newer 13.2
1970 - 1999 43.4
1940 - 1969 13.9
1939 or Older 2.9

Types of Homes

TYPE OF Stormville HOMES
Single-Family 62.8
Townhomes 0.0
Small Apt. Buildings 4.3
Apt. Complexes 2.1
Mobile Homes 4.1
Other 0.0

Home Size

SIZE OF Stormville HOMES
No Bedroom 2.22
1 Bedroom 3.10
2 Bedrooms 7.47
3 Bedrooms 32.43
4 Bedrooms 23.88
5 or more bedrooms 4.25