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 a population of 2,686, 1,116 total housing units (homes and apartments), and a median house value of $434,075, Coxsackie real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Coxsackie, accounting for 58.52% of the village's housing units. Other types of housing that are prevalent in Coxsackie include large apartment complexes or high rise apartments ( 18.79%), duplexes, homes converted to apartments or other small apartment buildings ( 17.99%), and a few row houses and other attached homes ( 4.30%).
The most prevalent building size and type in Coxsackie are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 62.38% owning and 37.62% renting.
The housing in Coxsackie was primarily built before 1939 ( 39.89%), making the housing stock in Coxsackie some of the oldest overall in America, although there is a range of ages of homes in Coxsackie. The next most important housing age is between 1940-1969 ( 37.34%), followed by between 1970-1999 ( 18.31%). There's also some housing in Coxsackie built between 2000 and later ( 4.46%).
Vacant housing appears to be an issue in Coxsackie. Fully 11.15% of the housing stock is classified as vacant. Left unchecked, vacant Coxsackie homes and apartments can be a drag on the real estate market, holding Coxsackie 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.
In the last 10 years, Coxsackie has experienced some of the highest home appreciation rates of any community in the nation. Coxsackie real estate appreciated 117.06% over the last ten years, which is an average annual home appreciation rate of 8.06%, putting Coxsackie in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Coxsackie definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in Coxsackie that despite a nationwide downturn in the housing market, Coxsackie real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Coxsackie appreciation rates continue to be some of the highest in America, at 5.66%, which is higher than appreciation rates in 82.21% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Coxsackie. Coxsackie appreciation rates in the latest quarter were at 3.58%, which equates to an annual appreciation rate of 15.10%.
Importantly, this makes Coxsackie 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 Coxsackie's latest annual appreciation rate is higher than 50% of the other cities and towns in New York.
$434,075
for New york
for nation
1,116
$1,404 / per month