Waterford, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Waterford Neighborhoods Since 2000




Waterford, 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

Waterford Housing Market Information

With 2,037 people, 1,023 houses or apartments, and a median cost of homes of $182,957, Waterford real estate prices are well above average cost compared to national prices.

Duplexes, homes converted to apartments or other small apartment buildings are the single most common housing type in Waterford, accounting for 61.41% of the village's housing units. Other types of housing that are prevalent in Waterford include single-family detached homes ( 29.38%), large apartment complexes or high rise apartments ( 7.48%), and a few row houses and other attached homes ( 1.73%). Villages that are predominantly high-density buildings are relatively uncommon in the US. Because of the density, these types of villages are often walkable and compact, and often have a lively downtown.

People in Waterford primarily live in small (one, two or no bedroom) units, chiefly found in duplexes, homes converted to apartments or other small apartment buildings. Waterford has a mixture of owner-occupied and renter-occupied housing.

The housing in Waterford was primarily built before 1939 ( 80.93%), making the housing stock in Waterford some of the oldest overall in America, although there is a range of ages of homes in Waterford. The next most important housing age is between 1940-1969 ( 10.77%), followed by between 2000 and later ( 5.38%). There's also some housing in Waterford built between 1970-1999 ( 2.92%).

Waterford Home Appreciation Rates

Appreciation rates for homes in Waterford have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 4.94%, which ranks in the top 40% nationwide. This equates to an annual average Waterford house appreciation rate of 0.48%.

Over the last year, Waterford appreciation rates have trailed the rest of the nation. In the last twelve months, Waterford's appreciation rate has been 1.95%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Waterford were at 0.82%, which equates to an annual appreciation rate of 3.32%.

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

Average Home Values

 

Median Home Value:
$182,957

Waterford, NY HOME PRICES

Value Range
> $1,056,000 0.0
$792,001 - $1,056,000 0.0
$528,001 - $792,000 0.0
$423,001 - $528,000 0.6
$317,001 - $423,000 3.2
$211,001 - $317,000 27.3
$106,001 - $211,000 41.2
$53,001 - $106,000 22.8
$0 - $53,000 4.9

Average for NY
High for Nation

Value Relative to Nation Value Relative to State
37.1557482714168 48.1481481481481

Number Of Homes And Apartments:
1,023

Waterford 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
75.09% 3.30% 8 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$925 / per month

Homeownership Rate

Homeownership
Owners 46.11
Renters 53.89
Vacant 6.66

Housing Market Details

 

Age of Homes

AGE OF Waterford HOMES
2000 or Newer 5.4
1970 - 1999 2.9
1940 - 1969 10.8
1939 or Older 80.9

Types of Homes

TYPE OF Waterford HOMES
Single-Family 29.4
Townhomes 1.7
Small Apt. Buildings 61.4
Apt. Complexes 7.5
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Waterford HOMES
No Bedroom 2.55
1 Bedroom 19.71
2 Bedrooms 32.76
3 Bedrooms 27.74
4 Bedrooms 11.86
5 or more bedrooms 5.38