Yaphank, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Yaphank, NY Real Estate Data


Yaphank Housing Market Information

With 5,983 people, 1,771 houses or apartments, and a median cost of homes of $349,332, real estate costs in Yaphank 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 Yaphank, accounting for 67.17% of the town's housing units. Other types of housing that are prevalent in Yaphank include row houses and other attached homes ( 17.36%), duplexes, homes converted to apartments or other small apartment buildings ( 12.24%), and a few large apartment complexes or high rise apartments ( 3.23%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Yaphank. Owner-occupied housing accounts for 78.65% of Yaphank's homes, and 64.74% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Yaphank built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Yaphank built between 1940-1969 ( 25.88%). A lesser amount of the housing stock also hails from between 2000 and later ( 17.90%). There's also some housing in Yaphank built before 1939 ( 7.22%).

Yaphank Home Appreciation Rates

Yaphank's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Yaphank during the period has been just -1.47%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Yaphank's appreciation rate, at 5.23%, has been at or slightly above the national average. In the latest quarter, Yaphank's appreciation rate has been 1.43%, which annualizes to a rate of 5.85%.

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

Average Home Values

 

Median Home Value:
$349,332

Yaphank, NY HOME PRICES

Value Range
> $1,140,000 0.0
$855,001 - $1,140,000 0.7
$570,001 - $855,000 6.0
$456,001 - $570,000 11.0
$342,001 - $456,000 31.1
$228,001 - $342,000 46.9
$114,001 - $228,000 2.4
$57,001 - $114,000 0.6
$0 - $57,000 1.2

High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
12.6544475024887 28.1705948372615

Number Of Homes And Apartments:
1,771

Rent & Ownership

 

Average Market Rent:
$2,148 / per month

Homeownership Rate

Homeownership
Owners 78.65
Renters 21.35
Vacant 4.53

Housing Market Details

 

Age of Homes

AGE OF Yaphank HOMES
2000 or Newer 17.9
1970 - 1999 49.0
1940 - 1969 25.9
1939 or Older 7.2

Types of Homes

TYPE OF Yaphank HOMES
Single-Family 67.2
Townhomes 17.4
Small Apt. Buildings 12.2
Apt. Complexes 3.2
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Yaphank HOMES
No Bedroom 1.56
1 Bedroom 1.56
2 Bedrooms 26.95
3 Bedrooms 43.23
4 Bedrooms 21.51
5 or more bedrooms 5.18

Yaphank 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
76.09% 3.38% 8 9
* 10 is highest