Valley Stream NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Valley Stream, 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 Q4 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Valley Stream Housing Market Information

With 37,523 people, 12,116 houses or apartments, and a median cost of homes of $479,000, real estate costs in Valley Stream 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 Valley Stream, accounting for 74.95% of the village's housing units. Other types of housing that are prevalent in Valley Stream include duplexes, homes converted to apartments or other small apartment buildings ( 14.00%), large apartment complexes or high rise apartments ( 7.38%), and a few row houses and other attached homes ( 3.55%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Valley Stream. Owner-occupied housing accounts for 81.35% of Valley Stream's homes, and 69.84% 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. Valley Stream's housing was primarily built during this period, from the '40s through the '60s. A full 59.67% of the village's housing hails from this era. Other housing ages represented in Valley Stream include homes built before 1939 ( 26.39%) and housing constructed between 1970-1999 ( 10.24%). There's also some housing in Valley Stream built between 2000 and later ( 3.69%).

Valley Stream Home Appreciation Rates

Appreciation rates for homes in Valley Stream have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 35.46%, which ranks in the top 30% nationwide. This equates to an annual average Valley Stream house appreciation rate of 3.08%.

Over the last year, Valley Stream appreciation rates have trailed the rest of the nation. In the last twelve months, Valley Stream's appreciation rate has been 3.28%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Valley Stream were at 1.08%, which equates to an annual appreciation rate of 4.41%.

Relative to New York, our data show that Valley Stream's latest annual appreciation rate is lower than 60% 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 village. Individual neighborhoods within Valley Stream differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Valley Stream - 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 Valley Stream real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$479,000

Valley Stream, NY HOME PRICES

Value Range
> $1,198,000 1.4
$899,001 - $1,198,000 1.1
$599,001 - $899,000 12.6
$479,001 - $599,000 36.0
$359,001 - $479,000 39.2
$239,001 - $359,000 5.5
$120,001 - $239,000 1.1
$60,001 - $120,000 0.7
$0 - $60,000 2.3

High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
8.01751824817518 20.5555555555556

Number Of Homes And Apartments:
12,116

Valley Stream Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NY*
Compared To
America*
Latest Quarter:
2019 Q3 - 2019 Q4
Last 12 Months:
2018 Q4 - 2019 Q4
Last 2 Years:
2017 Q4 - 2019 Q4
Last 5 Years:
2014 Q4 - 2019 Q4
Last 10 Years:
2009 Q4 - 2019 Q4
Since 2000:
2000 Q1 - 2019 Q4
102.11% 3.58%
9
9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,782 / per month

Homeownership Rate

Homeownership
Owners 81.35
Renters 18.65
Vacant 4.75

Housing Market Details

 

Age of Homes

AGE OF Valley Stream HOMES
2000 or Newer 3.7
1970 - 1999 10.2
1940 - 1969 59.7
1939 or Older 26.4

Types of Homes

TYPE OF Valley Stream HOMES
Single-Family 75.0
Townhomes 3.6
Small Apt. Buildings 14.0
Apt. Complexes 7.4
Mobile Homes 0.1
Other 0.0

Home Size

SIZE OF Valley Stream HOMES
No Bedroom 1.09
1 Bedroom 6.89
2 Bedrooms 15.32
3 Bedrooms 38.47
4 Bedrooms 31.37
5 or more bedrooms 6.86