Tarrytown, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Tarrytown Neighborhoods Since 2000




Tarrytown, 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

Tarrytown Housing Market Information

With a population of 11,560, 4,215 total housing units (homes and apartments), and a median house value of $633,256, 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.

Single-family detached homes are the single most common housing type in Tarrytown, accounting for 33.32% of the village's housing units. Other types of housing that are prevalent in Tarrytown include large apartment complexes or high rise apartments ( 32.89%), duplexes, homes converted to apartments or other small apartment buildings ( 23.73%), and a few row houses and other attached homes ( 9.79%).

People in Tarrytown primarily live in small (one, two or no bedroom) single-family detached homes. 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 37.50% of the village's housing hails from this era. Other housing ages represented in Tarrytown include homes built before 1939 ( 31.57%) and housing constructed between 1970-1999 ( 28.51%). There's also some housing in Tarrytown built between 2000 and later ( 2.42%).

Tarrytown Home Appreciation Rates

Real estate appreciation rates in Tarrytown's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.29% during the period.

Appreciation rates are so strong in Tarrytown that despite a nationwide downturn in the housing market, Tarrytown real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Tarrytown appreciation rates continue to be some of the highest in America, at 6.17%, which is higher than appreciation rates in 75.49% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Tarrytown. Tarrytown appreciation rates in the latest quarter were at 0.66%, which equates to an annual appreciation rate of 2.68%.

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

Average Home Values

 

Median Home Value:
$633,256

Tarrytown, NY HOME PRICES

Value Range
> $1,122,000 7.5
$842,001 - $1,122,000 7.0
$560,001 - $842,000 36.2
$449,001 - $560,000 20.9
$336,001 - $449,000 6.2
$224,001 - $336,000 5.8
$112,001 - $224,000 13.8
$56,001 - $112,000 1.8
$0 - $56,000 0.7

Very High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
3.45716629555842 9.53984287317621

Number Of Homes And Apartments:
4,215

Tarrytown 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
65.17% 2.95% 7 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,525 / per month

Homeownership Rate

Homeownership
Owners 61.31
Renters 38.69
Vacant 8.75

Housing Market Details

 

Age of Homes

AGE OF Tarrytown HOMES
2000 or Newer 2.4
1970 - 1999 28.5
1940 - 1969 37.5
1939 or Older 31.6

Types of Homes

TYPE OF Tarrytown HOMES
Single-Family 33.3
Townhomes 9.8
Small Apt. Buildings 23.7
Apt. Complexes 32.9
Mobile Homes 0.3
Other 0.0

Home Size

SIZE OF Tarrytown HOMES
No Bedroom 2.49
1 Bedroom 21.56
2 Bedrooms 36.13
3 Bedrooms 25.18
4 Bedrooms 11.28
5 or more bedrooms 3.36