Voorheesville, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Voorheesville, 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

Voorheesville Housing Market Information

With a population of 2,832, 1,074 total housing units (homes and apartments), and a median house value of $242,243, Voorheesville real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Voorheesville, accounting for 79.71% of the village's housing units. Other types of housing that are prevalent in Voorheesville include duplexes, homes converted to apartments or other small apartment buildings ( 15.82%), large apartment complexes or high rise apartments ( 3.78%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Voorheesville. Owner-occupied housing accounts for 79.78% of Voorheesville's homes, and 74.03% 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. Voorheesville's housing was primarily built during this period, from the '40s through the '60s. A full 46.52% of the village's housing hails from this era. Other housing ages represented in Voorheesville include homes built between 1970-1999 ( 30.27%) and housing constructed before 1939 ( 19.78%). There's also some housing in Voorheesville built between 2000 and later ( 3.44%).

Voorheesville Home Appreciation Rates

Appreciation rates for homes in Voorheesville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 0.40%, which ranks in the top 50% nationwide. This equates to an annual average Voorheesville house appreciation rate of 0.04%.

Over the last year, Voorheesville appreciation rates have trailed the rest of the nation. In the last twelve months, Voorheesville's appreciation rate has been 2.87%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Voorheesville were at 0.82%, which equates to an annual appreciation rate of 3.32%.

Relative to New York, our data show that Voorheesville's latest annual appreciation rate is higher than 50% of the other cities and towns in New York.

Average Home Values

 

Median Home Value:
$242,243

Voorheesville, NY HOME PRICES

Value Range
> $1,034,000 0.0
$776,001 - $1,034,000 0.0
$517,001 - $776,000 3.4
$414,001 - $517,000 3.2
$310,001 - $414,000 8.9
$206,001 - $310,000 63.4
$103,001 - $206,000 17.7
$52,001 - $103,000 1.0
$0 - $52,000 2.4

High for NY
High for Nation

Value Relative to Nation Value Relative to State
23.7079573420837 38.1593714927048

Number Of Homes And Apartments:
1,074

Voorheesville 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
66.74% 3.01% 7 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,140 / per month

Homeownership Rate

Homeownership
Owners 79.78
Renters 20.22
Vacant 7.65

Housing Market Details

 

Age of Homes

AGE OF Voorheesville HOMES
2000 or Newer 3.4
1970 - 1999 30.3
1940 - 1969 46.5
1939 or Older 19.8

Types of Homes

TYPE OF Voorheesville HOMES
Single-Family 79.7
Townhomes 0.7
Small Apt. Buildings 15.8
Apt. Complexes 3.8
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Voorheesville HOMES
No Bedroom 0.00
1 Bedroom 5.07
2 Bedrooms 16.17
3 Bedrooms 38.09
4 Bedrooms 35.94
5 or more bedrooms 4.73

Popular Neighborhoods in Voorheesville

Zip Codes in Voorheesville, NY