Uniondale, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Uniondale Neighborhoods Since 2000




Uniondale, 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

Uniondale Housing Market Information

With a population of 25,104, 5,933 total housing units (homes and apartments), and a median house value of $363,945, real estate costs in Uniondale 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 Uniondale, accounting for 79.79% of the town's housing units. Other types of housing that are prevalent in Uniondale include duplexes, homes converted to apartments or other small apartment buildings ( 11.78%), large apartment complexes or high rise apartments ( 6.53%), and a few row houses and other attached homes ( 1.78%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Uniondale. Owner-occupied housing accounts for 71.88% of Uniondale's homes, and 61.66% 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. Uniondale's housing was primarily built during this period, from the '40s through the '60s. A full 72.41% of the town's housing hails from this era. Other housing ages represented in Uniondale include homes built before 1939 ( 17.11%) and housing constructed between 1970-1999 ( 8.90%). There's also some housing in Uniondale built between 2000 and later ( 1.58%).

Uniondale Home Appreciation Rates

Homes have actually lost value in Uniondale over the last then years, as home values have seen a decline of 19.70% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Uniondale home appreciation rates at 0.66%, which equates to an annual appreciation rate of 2.68%.

Appreciation rates are so strong in Uniondale that despite a nationwide downturn in the housing market, Uniondale real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Uniondale appreciation rates continue to be some of the highest in America, at 7.17%, which is higher than appreciation rates in 82.28% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Uniondale. Uniondale 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 Uniondale's latest annual appreciation rate is higher than 90% of the other cities and towns in New York.

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Uniondale differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Uniondale - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Uniondale real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$363,945

Uniondale, NY HOME PRICES

Value Range
> $1,204,000 0.4
$903,001 - $1,204,000 0.3
$602,001 - $903,000 2.2
$482,001 - $602,000 9.0
$361,001 - $482,000 37.6
$241,001 - $361,000 45.6
$121,001 - $241,000 3.8
$60,001 - $121,000 0.1
$0 - $60,000 1.0

High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
11.2738778858549 26.9360269360269

Number Of Homes And Apartments:
5,933

Uniondale 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
70.31% 3.13% 8 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,910 / per month

Homeownership Rate

Homeownership
Owners 71.88
Renters 28.12
Vacant 8.13

Housing Market Details

 

Age of Homes

AGE OF Uniondale HOMES
2000 or Newer 1.6
1970 - 1999 8.9
1940 - 1969 72.4
1939 or Older 17.1

Types of Homes

TYPE OF Uniondale HOMES
Single-Family 79.8
Townhomes 1.8
Small Apt. Buildings 11.8
Apt. Complexes 6.5
Mobile Homes 0.1
Other 0.0

Home Size

SIZE OF Uniondale HOMES
No Bedroom 2.54
1 Bedroom 9.07
2 Bedrooms 12.11
3 Bedrooms 28.45
4 Bedrooms 33.21
5 or more bedrooms 14.62