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 3,440 people, 1,503 houses or apartments, and a median cost of homes of $226,637, house prices in Avon are solidly below the national average.
Single-family detached homes are the single most common housing type in Avon, accounting for 62.34% of the village's housing units. Other types of housing that are prevalent in Avon include duplexes, homes converted to apartments or other small apartment buildings ( 16.67%), large apartment complexes or high rise apartments ( 12.66%), and a few row houses and other attached homes ( 7.69%).
People in Avon primarily live in small (one, two or no bedroom) single-family detached homes. Avon has a mixture of owner-occupied and renter-occupied housing.
The housing in Avon was primarily built before 1939 ( 43.41%), making the housing stock in Avon some of the oldest overall in America, although there is a range of ages of homes in Avon. The next most important housing age is between 1940-1969 ( 24.94%), followed by between 1970-1999 ( 17.38%). There's also some housing in Avon built between 2000 and later ( 14.28%).
Real estate appreciation rates in Avon's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.19% during the period.
Appreciation rates are so strong in Avon that despite a nationwide downturn in the housing market, Avon real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Avon appreciation rates continue to be some of the highest in America, at 5.57%, which is higher than appreciation rates in 80.79% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Avon. Avon appreciation rates in the latest quarter were at -1.79%, which equates to an annual appreciation rate of -6.98%.
Notably, Avon's appreciation rate in the latest quarter is one of the lowest in America.
Relative to New York, our data show that Avon's latest annual appreciation rate is lower than 60% of the other cities and towns in New York.
$226,637
for New york
for nation
1,503
$1,468 / per month