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 2,211 people, 895 houses or apartments, and a median cost of homes of $961,725, Bellport house prices are not only among the most expensive in New York, Bellport real estate also is some of the most expensive in all of America.
Single-family detached homes are the single most common housing type in Bellport, accounting for 92.27% of the village's housing units. Other types of housing that are prevalent in Bellport include row houses and other attached homes ( 3.78%), duplexes, homes converted to apartments or other small apartment buildings ( 3.03%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Bellport. Owner-occupied housing accounts for 89.82% of Bellport's homes, and 70.59% have either three or four bedrooms, which is average sized relative to America.
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. Bellport's housing was primarily built during this period, from the '40s through the '60s. A full 39.50% of the village's housing hails from this era. Other housing ages represented in Bellport include homes built before 1939 ( 29.92%) and housing constructed between 1970-1999 ( 26.22%). There's also some housing in Bellport built between 2000 and later ( 4.37%).
Vacant housing appears to be an issue in Bellport. Fully 24.79% of the housing stock is classified as vacant. Left unchecked, vacant Bellport homes and apartments can be a drag on the real estate market, holding Bellport 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 Bellport have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 108.38%, which ranks in the top 30% nationwide. This equates to an annual average Bellport house appreciation rate of 7.62%.
Over the last year, Bellport appreciation rates have trailed the rest of the nation. In the last twelve months, Bellport's appreciation rate has been 2.08%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Bellport were at 1.18%, which equates to an annual appreciation rate of 4.80%.
Relative to New York, our data show that Bellport's latest annual appreciation rate is lower than 90% of the other cities and towns in New York.
$961,725
for New york
for nation
895
$4,194 / per month