Tarrytown, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Tarrytown, NY Real Estate Data


Tarrytown Housing Market Information

With 11,560 people, 4,471 houses or apartments, and a median cost of homes of $560,707, Tarrytown house prices are not only among the most expensive in New York, Tarrytown real estate also is some of the most expensive in all of America.

Large apartment complexes or high rise apartments are the single most common housing type in Tarrytown, accounting for 34.80% of the village's housing units. Other types of housing that are prevalent in Tarrytown include single-family detached homes ( 34.68%), duplexes, homes converted to apartments or other small apartment buildings ( 19.49%), and a few row houses and other attached homes ( 10.81%). This particular housing mix is relatively uncommon and characteristic of villages that are compact and walkable, and which often have a lively downtown.

People in Tarrytown primarily live in small (one, two or no bedroom) units, chiefly found in large apartment complexes or high rise apartments. Tarrytown has a mixture of owner-occupied and renter-occupied housing.

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. Tarrytown's housing was primarily built during this period, from the '40s through the '60s. A full 41.25% of the village's housing hails from this era. Other housing ages represented in Tarrytown include homes built before 1939 ( 30.22%) and housing constructed between 1970-1999 ( 26.37%). There's also some housing in Tarrytown built between 2000 and later ( 2.16%).

Tarrytown Home Appreciation Rates

Tarrytown's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Tarrytown during the period has been just -0.77%, which is lower than 70% of US communities.

Over the last year, Tarrytown appreciation rates have trailed the rest of the nation. In the last twelve months, Tarrytown's appreciation rate has been 3.89%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Tarrytown were at 1.43%, which equates to an annual appreciation rate of 5.85%.

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

Average Home Values

 

Median Home Value:
$560,707

Tarrytown, NY HOME PRICES

Value Range
> $1,102,000 3.7
$826,001 - $1,102,000 7.3
$551,001 - $826,000 38.4
$441,001 - $551,000 22.0
$331,001 - $441,000 8.8
$221,001 - $331,000 6.5
$111,001 - $221,000 10.4
$55,001 - $111,000 2.4
$0 - $55,000 0.6

Very High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
4.83105931955261 13.4680134680135

Number Of Homes And Apartments:
4,471

Rent & Ownership

 

Average Market Rent:
$2,121 / per month

Homeownership Rate

Homeownership
Owners 60.95
Renters 39.05
Vacant 8.10

Housing Market Details

 

Age of Homes

AGE OF Tarrytown HOMES
2000 or Newer 2.2
1970 - 1999 26.4
1940 - 1969 41.3
1939 or Older 30.2

Types of Homes

TYPE OF Tarrytown HOMES
Single-Family 34.7
Townhomes 10.8
Small Apt. Buildings 19.5
Apt. Complexes 34.8
Mobile Homes 0.2
Other 0.0

Home Size

SIZE OF Tarrytown HOMES
No Bedroom 2.84
1 Bedroom 22.36
2 Bedrooms 34.33
3 Bedrooms 24.97
4 Bedrooms 11.98
5 or more bedrooms 3.51

Tarrytown Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NY*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
60.30% 2.81% 6 7
* 10 is highest