West Haverstraw, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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West Haverstraw, NY Real Estate Data


West Haverstraw Housing Market Information

With a population of 10,421, 2,963 total housing units (homes and apartments), and a median house value of $297,380, West Haverstraw real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in West Haverstraw, accounting for 45.50% of the village's housing units. Other types of housing that are prevalent in West Haverstraw include row houses and other attached homes ( 22.09%), large apartment complexes or high rise apartments ( 16.22%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 16.19%).

The most prevalent building size and type in West Haverstraw are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 63.21% owning and 36.79% renting.

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. West Haverstraw's housing was primarily built during this period, from the '40s through the '60s. A full 45.08% of the village's housing hails from this era. Other housing ages represented in West Haverstraw include homes built between 1970-1999 ( 37.70%) and housing constructed before 1939 ( 16.48%).

West Haverstraw Home Appreciation Rates

Homes have actually lost value in West Haverstraw over the last then years, as home values have seen a decline of 30.85% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows West Haverstraw home appreciation rates at 1.43%, which equates to an annual appreciation rate of 5.85%.

Over the last year, West Haverstraw appreciation rates have trailed the rest of the nation. In the last twelve months, West Haverstraw's appreciation rate has been 3.48%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in West Haverstraw were at 1.43%, which equates to an annual appreciation rate of 5.85%.

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

Average Home Values

 

Median Home Value:
$297,380

West Haverstraw, NY HOME PRICES

Value Range
> $1,020,000 0.0
$765,001 - $1,020,000 1.1
$510,001 - $765,000 2.2
$408,001 - $510,000 12.0
$306,001 - $408,000 23.1
$204,001 - $306,000 47.9
$102,001 - $204,000 10.5
$51,001 - $102,000 0.4
$0 - $51,000 2.8

High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
17.1400128828249 33.2210998877666

Number Of Homes And Apartments:
2,963

Rent & Ownership

 

Average Market Rent:
$1,514 / per month

Homeownership Rate

Homeownership
Owners 63.21
Renters 36.79
Vacant 5.00

Housing Market Details

 

Age of Homes

AGE OF West Haverstraw HOMES
2000 or Newer 0.7
1970 - 1999 37.7
1940 - 1969 45.1
1939 or Older 16.5

Types of Homes

TYPE OF West Haverstraw HOMES
Single-Family 45.5
Townhomes 22.1
Small Apt. Buildings 16.2
Apt. Complexes 16.2
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF West Haverstraw HOMES
No Bedroom 1.86
1 Bedroom 15.20
2 Bedrooms 22.06
3 Bedrooms 37.51
4 Bedrooms 15.23
5 or more bedrooms 8.14

West Haverstraw Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NY*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
41.80% 2.08% 3 5
* 10 is highest

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Zip Codes in West Haverstraw, NY