Woodstock, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Woodstock Neighborhoods Since 2000




Woodstock, 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

Woodstock Housing Market Information

With 2,085 people, 997 houses or apartments, and a median cost of homes of $329,896, real estate costs in Woodstock are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive New York communities.

Single-family detached homes are the single most common housing type in Woodstock, accounting for 81.58% of the town's housing units. Other types of housing that are prevalent in Woodstock include duplexes, homes converted to apartments or other small apartment buildings ( 15.34%), large apartment complexes or high rise apartments ( 3.08%).

Dwellings in Woodstock tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 49.09% of the homes in Woodstock have two or fewer bedrooms.

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. Woodstock's housing was primarily built during this period, from the '40s through the '60s. A full 43.14% of the town's housing hails from this era. Other housing ages represented in Woodstock include homes built before 1939 ( 31.72%) and housing constructed between 1970-1999 ( 19.40%). There's also some housing in Woodstock built between 2000 and later ( 5.74%).

Vacant housing appears to be an issue in Woodstock. Fully 30.18% of the housing stock is classified as vacant. Left unchecked, vacant Woodstock homes and apartments can be a drag on the real estate market, holding Woodstock 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.

Woodstock Home Appreciation Rates

Real estate appreciation rates in Woodstock's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.43% during the period.

Appreciation rates are so strong in Woodstock that despite a nationwide downturn in the housing market, Woodstock real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Woodstock appreciation rates continue to be some of the highest in America, at 9.90%, which is higher than appreciation rates in 93.62% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Woodstock. Woodstock appreciation rates in the latest quarter were at -2.15%, which equates to an annual appreciation rate of -8.33%.

Notably, Woodstock's appreciation rate in the latest quarter is one of the lowest in America.

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

Average Home Values

 

Median Home Value:
$329,896

Woodstock, NY HOME PRICES

Value Range
> $1,126,000 3.2
$844,001 - $1,126,000 6.3
$562,001 - $844,000 7.3
$450,001 - $562,000 15.5
$337,001 - $450,000 16.3
$225,001 - $337,000 38.6
$112,001 - $225,000 10.1
$56,001 - $112,000 1.3
$0 - $56,000 1.4

High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
13.7231923121997 29.8540965207632

Number Of Homes And Apartments:
997

Woodstock 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
67.81% 3.05% 7 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,583 / per month

Homeownership Rate

Homeownership
Owners 76.14
Renters 23.86
Vacant 30.18

Housing Market Details

 

Age of Homes

AGE OF Woodstock HOMES
2000 or Newer 5.7
1970 - 1999 19.4
1940 - 1969 43.1
1939 or Older 31.7

Types of Homes

TYPE OF Woodstock HOMES
Single-Family 81.6
Townhomes 0.0
Small Apt. Buildings 15.3
Apt. Complexes 3.1
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Woodstock HOMES
No Bedroom 3.78
1 Bedroom 15.97
2 Bedrooms 29.34
3 Bedrooms 39.85
4 Bedrooms 5.39
5 or more bedrooms 5.67