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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 1,229 people, 609 houses or apartments, and a median cost of homes of $198,818, 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 76.92% of the village's housing units. Other types of housing that are prevalent in Wilson include large apartment complexes or high rise apartments ( 8.77%), duplexes, homes converted to apartments or other small apartment buildings ( 8.77%), and a few mobile homes or trailers ( 4.00%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Wilson. Owner-occupied housing accounts for 81.12% of Wilson's homes, and 54.15% have either three or four bedrooms, which is average sized relative to America.
The housing in Wilson was primarily built before 1939 ( 51.38%), 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 ( 15.08%). There's also some housing in Wilson built between 2000 and later ( 8.00%).
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 85.00%, which ranks in the top 50% nationwide. This equates to an annual average Wilson house appreciation rate of 6.35%.
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 7.14%, which is higher than appreciation rates in 75.57% 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 1.32%, which equates to an annual appreciation rate of 5.37%.
Relative to New York, our data show that Wilson's latest annual appreciation rate is lower than 50% of the other cities and towns in New York.
$198,818
for New york
for nation
609
$1,062 / per month