Analytics built by:
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: Ä¢¹½ÊÓÆµ uses over 600 characteristics to build a neighborhood profile…
With 1,086 people, 510 houses or apartments, and a median cost of homes of $299,799, Wurtsboro real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Wurtsboro, accounting for 64.51% of the village's housing units. Other types of housing that are prevalent in Wurtsboro include duplexes, homes converted to apartments or other small apartment buildings ( 11.71%), large apartment complexes or high rise apartments ( 9.97%), and a few mobile homes or trailers ( 9.79%).
Dwellings in Wurtsboro tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 50.52% of the homes in Wurtsboro have two or fewer bedrooms.
There is a lot of housing in Wurtsboro 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 Wurtsboro built between 1940-1969 ( 24.83%). A lesser amount of the housing stock also hails from before 1939 ( 21.50%). There's also some housing in Wurtsboro built between 2000 and later ( 13.29%).
Vacant housing appears to be an issue in Wurtsboro. Fully 10.84% of the housing stock is classified as vacant. Left unchecked, vacant Wurtsboro homes and apartments can be a drag on the real estate market, holding Wurtsboro 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.
Appreciation rates for homes in Wurtsboro have been tracking above average for the last ten years, according to Ä¢¹½ÊÓÆµ data. The cumulative appreciation rate over the ten years has been 92.91%, which ranks in the top 50% nationwide. This equates to an annual average Wurtsboro house appreciation rate of 6.79%.
Ä¢¹½ÊÓÆµ's data show that during the latest twelve months, Wurtsboro's appreciation rate, at 3.86%, has been at or slightly above the national average. In the latest quarter, Wurtsboro's appreciation rate has been 2.73%, which annualizes to a rate of 11.36%.
Importantly, this makes Wurtsboro one of the highest appreciating communities in the nation for the latest quarter, and may signal the village's near-future real estate investment strength.
Relative to New York, our data show that Wurtsboro's latest annual appreciation rate is higher than 50% of the other cities and towns in New York.
$299,799
for New york
for nation
510
$2,178 / per month