Wilson, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Wilson Neighborhoods Since 2000




Wilson, 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

Wilson Housing Market Information

With a population of 1,231, 524 total housing units (homes and apartments), and a median house value of $103,250, house prices in Wilson are solidly below the national average.

Single-family detached homes are the single most common housing type in Wilson, accounting for 61.78% of the village's housing units. Other types of housing that are prevalent in Wilson include duplexes, homes converted to apartments or other small apartment buildings ( 17.46%), large apartment complexes or high rise apartments ( 10.54%), and a few mobile homes or trailers ( 6.59%).

Dwellings in Wilson tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 50.74% of the homes in Wilson have two or fewer bedrooms.

The housing in Wilson was primarily built before 1939 ( 56.51%), making the housing stock in Wilson some of the oldest overall in America, although there is a range of ages of homes in Wilson. The next most important housing age is between 1970-1999 ( 25.54%), followed by between 1940-1969 ( 14.00%). There's also some housing in Wilson built between 2000 and later ( 3.95%).

Vacant housing appears to be an issue in Wilson. Fully 13.67% of the housing stock is classified as vacant. Left unchecked, vacant Wilson homes and apartments can be a drag on the real estate market, holding Wilson real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Wilson Home Appreciation Rates

Appreciation rates for homes in Wilson have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 10.84%, which ranks in the top 30% nationwide. This equates to an annual average Wilson house appreciation rate of 1.03%.

Appreciation rates are so strong in Wilson that despite a nationwide downturn in the housing market, Wilson real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Wilson appreciation rates continue to be some of the highest in America, at 7.90%, which is higher than appreciation rates in 86.28% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Wilson. Wilson appreciation rates in the latest quarter were at -0.40%, which equates to an annual appreciation rate of -1.57%.

Relative to New York, our data show that Wilson's latest annual appreciation rate is higher than 90% of the other cities and towns in New York.

Average Home Values

 

Median Home Value:
$103,250

Wilson, NY HOME PRICES

Value Range
> $1,098,000 0.0
$824,001 - $1,098,000 0.0
$549,001 - $824,000 0.0
$439,001 - $549,000 0.0
$330,001 - $439,000 1.9
$220,001 - $330,000 8.7
$110,001 - $220,000 33.9
$55,001 - $110,000 46.1
$0 - $55,000 9.5

Very Low for NY
Low for Nation

Value Relative to Nation Value Relative to State
75.5068557365522 81.8181818181818

Number Of Homes And Apartments:
524

Wilson 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
40.88% 2.01% 3 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$688 / per month

Homeownership Rate

Homeownership
Owners 70.42
Renters 29.58
Vacant 13.67

Housing Market Details

 

Age of Homes

AGE OF Wilson HOMES
2000 or Newer 4.0
1970 - 1999 25.5
1940 - 1969 14.0
1939 or Older 56.5

Types of Homes

TYPE OF Wilson HOMES
Single-Family 61.8
Townhomes 3.6
Small Apt. Buildings 17.5
Apt. Complexes 10.5
Mobile Homes 6.6
Other 0.0

Home Size

SIZE OF Wilson HOMES
No Bedroom 2.31
1 Bedroom 17.96
2 Bedrooms 30.48
3 Bedrooms 31.14
4 Bedrooms 14.66
5 or more bedrooms 3.46