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 14,936 people, 7,044 houses or apartments, and a median cost of homes of $260,791, house prices in Kenmore are solidly below the national average.
Single-family detached homes are the single most common housing type in Kenmore, accounting for 63.95% of the village's housing units. Other types of housing that are prevalent in Kenmore include duplexes, homes converted to apartments or other small apartment buildings ( 25.47%), large apartment complexes or high rise apartments ( 8.21%), and a few row houses and other attached homes ( 1.98%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Kenmore. Owner-occupied housing accounts for 68.36% of Kenmore's homes, and 59.10% have either three or four bedrooms, which is average sized relative to America.
The housing in Kenmore was primarily built before 1939 ( 48.48%), making the housing stock in Kenmore some of the oldest overall in America, although there is a range of ages of homes in Kenmore. The next most important housing age is between 1940-1969 ( 40.84%), followed by between 1970-1999 ( 8.58%). There's also some housing in Kenmore built between 2000 and later ( 2.09%).
In the last 10 years, Kenmore has experienced some of the highest home appreciation rates of any community in the nation. Kenmore real estate appreciated 119.14% over the last ten years, which is an average annual home appreciation rate of 8.16%, putting Kenmore in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Kenmore definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
NeighborhoodScout's data show that during the latest twelve months, Kenmore's appreciation rate, at 4.49%, has been at or slightly above the national average. In the latest quarter, Kenmore's appreciation rate has been 0.62%, which annualizes to a rate of 2.51%.
Relative to New York, our data show that Kenmore's latest annual appreciation rate is lower than 80% of the other cities and towns in New York.
One very important thing to keep in mind is that these are average appreciation rates for the village. Individual neighborhoods within Kenmore differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Kenmore - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Kenmore real estate investment or home purchase decisions.
$260,791
for New york
for nation
7,044
$1,691 / per month