Williamsville, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Williamsville, NY Real Estate Data


Williamsville Housing Market Information

With a population of 5,254, 2,566 total housing units (homes and apartments), and a median house value of $205,385, Williamsville real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Williamsville, accounting for 59.17% of the village's housing units. Other types of housing that are prevalent in Williamsville include duplexes, homes converted to apartments or other small apartment buildings ( 23.28%), large apartment complexes or high rise apartments ( 15.81%), and a few row houses and other attached homes ( 1.74%).

The most prevalent building size and type in Williamsville are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 58.58% owning and 41.42% 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. Williamsville's housing was primarily built during this period, from the '40s through the '60s. A full 47.84% of the village's housing hails from this era. Other housing ages represented in Williamsville include homes built before 1939 ( 33.97%) and housing constructed between 1970-1999 ( 17.93%).

Williamsville Home Appreciation Rates

In the last 10 years, Williamsville has experienced some of the highest home appreciation rates of any community in the nation. Williamsville real estate appreciated 24.79% over the last ten years, which is an average annual home appreciation rate of 2.24%, putting Williamsville in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Williamsville definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Williamsville appreciation rates have trailed the rest of the nation. In the last twelve months, Williamsville's appreciation rate has been 3.27%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Williamsville were at 2.02%, which equates to an annual appreciation rate of 8.33%.

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

Average Home Values

 

Median Home Value:
$205,385

Williamsville, NY HOME PRICES

Value Range
> $1,180,000 0.2
$885,001 - $1,180,000 0.8
$590,001 - $885,000 2.1
$472,001 - $590,000 3.3
$354,001 - $472,000 7.5
$236,001 - $354,000 19.3
$118,001 - $236,000 58.6
$59,001 - $118,000 4.1
$0 - $59,000 4.2

Average for NY
High for Nation

Value Relative to Nation Value Relative to State
31.7385957720911 43.7710437710438

Number Of Homes And Apartments:
2,566

Rent & Ownership

 

Average Market Rent:
$1,260 / per month

Homeownership Rate

Homeownership
Owners 58.58
Renters 41.42
Vacant 2.73

Housing Market Details

 

Age of Homes

AGE OF Williamsville HOMES
2000 or Newer 0.3
1970 - 1999 17.9
1940 - 1969 47.8
1939 or Older 34.0

Types of Homes

TYPE OF Williamsville HOMES
Single-Family 59.2
Townhomes 1.7
Small Apt. Buildings 23.3
Apt. Complexes 15.8
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Williamsville HOMES
No Bedroom 1.36
1 Bedroom 14.48
2 Bedrooms 29.34
3 Bedrooms 36.50
4 Bedrooms 15.28
5 or more bedrooms 3.03

Williamsville 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
66.42% 3.04% 7 8
* 10 is highest

Popular Neighborhoods in Williamsville

Zip Codes in Williamsville, NY