Yaphank, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Yaphank Neighborhoods Since 2000




Yaphank, 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

Yaphank Housing Market Information

With 5,983 people, 1,808 houses or apartments, and a median cost of homes of $363,018, 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 70.10% of the town's housing units. Other types of housing that are prevalent in Yaphank include row houses and other attached homes ( 18.98%), duplexes, homes converted to apartments or other small apartment buildings ( 8.16%), and a few large apartment complexes or high rise apartments ( 2.77%).

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 77.73% of Yaphank's homes, and 69.46% 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 ( 23.08%). A lesser amount of the housing stock also hails from between 2000 and later ( 17.06%). There's also some housing in Yaphank built before 1939 ( 7.14%).

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 -0.87%, which is lower than 70% of US communities.

Appreciation rates are so strong in Yaphank that despite a nationwide downturn in the housing market, Yaphank real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Yaphank appreciation rates continue to be some of the highest in America, at 8.08%, which is higher than appreciation rates in 87.11% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Yaphank. Yaphank appreciation rates in the latest quarter were at 0.66%, which equates to an annual appreciation rate of 2.68%.

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:
$363,018

Yaphank, NY HOME PRICES

Value Range
> $1,212,000 0.0
$909,001 - $1,212,000 0.5
$606,001 - $909,000 3.9
$485,001 - $606,000 11.7
$364,001 - $485,000 31.9
$242,001 - $364,000 46.6
$121,001 - $242,000 3.3
$61,001 - $121,000 0.8
$0 - $61,000 1.3

High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
11.2855970936365 27.0482603815937

Number Of Homes And Apartments:
1,808

Yaphank 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
86.59% 3.68% 9 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,622 / per month

Homeownership Rate

Homeownership
Owners 77.73
Renters 22.27
Vacant 3.62

Housing Market Details

 

Age of Homes

AGE OF Yaphank HOMES
2000 or Newer 17.1
1970 - 1999 52.7
1940 - 1969 23.1
1939 or Older 7.1

Types of Homes

TYPE OF Yaphank HOMES
Single-Family 70.1
Townhomes 19.0
Small Apt. Buildings 8.2
Apt. Complexes 2.8
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Yaphank HOMES
No Bedroom 0.00
1 Bedroom 1.87
2 Bedrooms 22.76
3 Bedrooms 47.01
4 Bedrooms 22.44
5 or more bedrooms 5.92