Williamson, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Williamson, NY Real Estate Data


Williamson Housing Market Information

With a population of 2,450, 961 total housing units (homes and apartments), and a median house value of $115,387, house prices in Williamson are solidly below the national average.

Single-family detached homes are the single most common housing type in Williamson, accounting for 63.71% of the town's housing units. Other types of housing that are prevalent in Williamson include large apartment complexes or high rise apartments ( 18.25%), mobile homes or trailers ( 9.48%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.84%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Williamson. Owner-occupied housing accounts for 69.13% of Williamson's homes, and 57.96% have either three or four bedrooms, which is average sized relative to America.

The housing in Williamson was primarily built before 1939 ( 48.69%), making the housing stock in Williamson some of the oldest overall in America, although there is a range of ages of homes in Williamson. The next most important housing age is between 1970-1999 ( 27.02%), followed by between 1940-1969 ( 19.46%). There's also some housing in Williamson built between 2000 and later ( 4.84%).

Williamson Home Appreciation Rates

Appreciation rates for homes in Williamson have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 8.46%, which ranks in the top 40% nationwide. This equates to an annual average Williamson house appreciation rate of 0.82%.

Over the last year, Williamson appreciation rates have trailed the rest of the nation. In the last twelve months, Williamson's appreciation rate has been 0.81%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Williamson were at 2.93%, which equates to an annual appreciation rate of 12.25%.

Importantly, this makes Williamson one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

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

Average Home Values

 

Median Home Value:
$115,387

Williamson, NY HOME PRICES

Value Range
> $1,048,000 0.7
$786,001 - $1,048,000 0.0
$524,001 - $786,000 0.5
$419,001 - $524,000 1.1
$314,001 - $419,000 0.0
$210,001 - $314,000 9.1
$105,001 - $210,000 47.2
$53,001 - $105,000 35.3
$0 - $53,000 6.1

Low for NY
Low for Nation

Value Relative to Nation Value Relative to State
69.0109504011243 75.3086419753086

Number Of Homes And Apartments:
961

Rent & Ownership

 

Average Market Rent:
$788 / per month

Homeownership Rate

Homeownership
Owners 69.13
Renters 30.87
Vacant 3.13

Housing Market Details

 

Age of Homes

AGE OF Williamson HOMES
2000 or Newer 4.8
1970 - 1999 27.0
1940 - 1969 19.5
1939 or Older 48.7

Types of Homes

TYPE OF Williamson HOMES
Single-Family 63.7
Townhomes 2.8
Small Apt. Buildings 4.8
Apt. Complexes 18.2
Mobile Homes 9.5
Other 0.9

Home Size

SIZE OF Williamson HOMES
No Bedroom 0.00
1 Bedroom 19.86
2 Bedrooms 9.68
3 Bedrooms 42.64
4 Bedrooms 15.32
5 or more bedrooms 12.50

Williamson 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
32.39% 1.66% 2 3
* 10 is highest

Popular Neighborhoods in Williamson

Zip Codes in Williamson, NY