Webster, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Webster, 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

Webster Housing Market Information

With 5,534 people, 2,373 houses or apartments, and a median cost of homes of $168,739, Webster real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Webster, accounting for 42.23% of the village's housing units. Other types of housing that are prevalent in Webster include large apartment complexes or high rise apartments ( 27.50%), duplexes, homes converted to apartments or other small apartment buildings ( 17.31%), and a few row houses and other attached homes ( 12.32%).

People in Webster primarily live in small (one, two or no bedroom) single-family detached homes. Webster 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. Webster's housing was primarily built during this period, from the '40s through the '60s. A full 37.40% of the village's housing hails from this era. Other housing ages represented in Webster include homes built between 1970-1999 ( 35.51%) and housing constructed before 1939 ( 16.02%). There's also some housing in Webster built between 2000 and later ( 11.07%).

Webster Home Appreciation Rates

Appreciation rates for homes in Webster have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 11.27%, which ranks in the top 30% nationwide. This equates to an annual average Webster house appreciation rate of 1.07%.

Over the last year, Webster appreciation rates have trailed the rest of the nation. In the last twelve months, Webster's appreciation rate has been 2.39%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Webster were at -0.57%, which equates to an annual appreciation rate of -2.26%.

Notably, Webster's appreciation rate in the latest quarter is one of the lowest in America.

Relative to New York, our data show that Webster's latest annual appreciation rate is higher than 50% 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 Webster differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Webster - 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 Webster real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$168,739

Webster, NY HOME PRICES

Value Range
> $1,062,000 0.0
$797,001 - $1,062,000 0.0
$531,001 - $797,000 0.0
$425,001 - $531,000 0.1
$319,001 - $425,000 2.0
$213,001 - $319,000 21.7
$106,001 - $213,000 63.5
$53,001 - $106,000 9.4
$0 - $53,000 3.2

Average for NY
Average for Nation

Value Relative to Nation Value Relative to State
42.066096331888 51.9640852974186

Number Of Homes And Apartments:
2,373

Webster 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
33.34% 1.68% 2 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,055 / per month

Homeownership Rate

Homeownership
Owners 39.28
Renters 60.72
Vacant 4.47

Housing Market Details

 

Age of Homes

AGE OF Webster HOMES
2000 or Newer 11.1
1970 - 1999 35.5
1940 - 1969 37.4
1939 or Older 16.0

Types of Homes

TYPE OF Webster HOMES
Single-Family 42.2
Townhomes 12.3
Small Apt. Buildings 17.3
Apt. Complexes 27.5
Mobile Homes 0.6
Other 0.0

Home Size

SIZE OF Webster HOMES
No Bedroom 2.70
1 Bedroom 15.94
2 Bedrooms 37.68
3 Bedrooms 31.80
4 Bedrooms 8.70
5 or more bedrooms 3.18