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 5,975 people, 2,128 houses or apartments, and a median cost of homes of $271,682, Hilton 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 Hilton, accounting for 56.25% of the village's housing units. Other types of housing that are prevalent in Hilton include large apartment complexes or high rise apartments ( 28.01%), row houses and other attached homes ( 10.10%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.64%).
The most prevalent building size and type in Hilton are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 59.32% owning and 40.68% renting.
There is a lot of housing in Hilton 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 Hilton built between 1940-1969 ( 24.20%). A lesser amount of the housing stock also hails from between 2000 and later ( 16.59%). There's also some housing in Hilton built before 1939 ( 6.20%).
Appreciation rates for homes in Hilton have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 96.03%, which ranks in the top 50% nationwide. This equates to an annual average Hilton house appreciation rate of 6.96%.
Appreciation rates are so strong in Hilton that despite a nationwide downturn in the housing market, Hilton real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Hilton appreciation rates continue to be some of the highest in America, at 5.57%, which is higher than appreciation rates in 80.71% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Hilton. Hilton appreciation rates in the latest quarter were at -1.79%, which equates to an annual appreciation rate of -6.98%.
Notably, Hilton's appreciation rate in the latest quarter is one of the lowest in America.
Relative to New York, our data show that Hilton's latest annual appreciation rate is lower than 70% of the other cities and towns in New York.
$271,682
for New york
for nation
2,128
$2,039 / per month