West Haverstraw, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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West Haverstraw, 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

West Haverstraw Housing Market Information

With 10,421 people, 2,984 houses or apartments, and a median cost of homes of $236,809, 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 44.77% of the village's housing units. Other types of housing that are prevalent in West Haverstraw include row houses and other attached homes ( 22.11%), duplexes, homes converted to apartments or other small apartment buildings ( 18.49%), and a few large apartment complexes or high rise apartments ( 14.44%).

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 60.38% owning and 39.62% 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 43.32% of the village's housing hails from this era. Other housing ages represented in West Haverstraw include homes built between 1970-1999 ( 40.59%) and housing constructed before 1939 ( 15.59%).

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 33.81% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows West Haverstraw home appreciation rates at 0.66%, which equates to an annual appreciation rate of 2.68%.

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 -0.63%, 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 0.66%, which equates to an annual appreciation rate of 2.68%.

Relative to New York, our data show that West Haverstraw's latest annual appreciation rate is lower than 80% of the other cities and towns in New York.

Average Home Values

 

Median Home Value:
$236,809

West Haverstraw, NY HOME PRICES

Value Range
> $946,000 0.0
$710,001 - $946,000 3.1
$473,001 - $710,000 2.5
$379,001 - $473,000 7.7
$284,001 - $379,000 24.6
$189,001 - $284,000 44.6
$95,001 - $189,000 11.9
$47,001 - $95,000 0.4
$0 - $47,000 5.2

High for NY
High for Nation

Value Relative to Nation Value Relative to State
24.6572131723895 38.3838383838384

Number Of Homes And Apartments:
2,984

West Haverstraw 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
32.20% 1.63% 2 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,783 / per month

Homeownership Rate

Homeownership
Owners 60.38
Renters 39.62
Vacant 1.84

Housing Market Details

 

Age of Homes

AGE OF West Haverstraw HOMES
2000 or Newer 0.5
1970 - 1999 40.6
1940 - 1969 43.3
1939 or Older 15.6

Types of Homes

TYPE OF West Haverstraw HOMES
Single-Family 44.8
Townhomes 22.1
Small Apt. Buildings 18.5
Apt. Complexes 14.4
Mobile Homes 0.2
Other 0.0

Home Size

SIZE OF West Haverstraw HOMES
No Bedroom 3.49
1 Bedroom 14.57
2 Bedrooms 21.02
3 Bedrooms 36.45
4 Bedrooms 14.57
5 or more bedrooms 9.90

Popular Neighborhoods in West Haverstraw

Zip Codes in West Haverstraw, NY