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 8,237, 2,617 total housing units (homes and apartments), and a median house value of $590,644, real estate costs in Poughquag are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive New York communities.
Single-family detached homes are the single most common housing type in Poughquag, accounting for 84.52% of the town's housing units. Other types of housing that are prevalent in Poughquag include large apartment complexes or high rise apartments ( 5.90%), row houses and other attached homes ( 5.86%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.23%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Poughquag. Owner-occupied housing accounts for 87.33% of Poughquag's homes, and 74.41% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Poughquag 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 Poughquag built between 2000 and later ( 25.61%). A lesser amount of the housing stock also hails from between 1940-1969 ( 21.65%). There's also some housing in Poughquag built before 1939 ( 7.16%).
Real estate appreciation rates in Poughquag's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.94% during the period.
Appreciation rates are so strong in Poughquag that despite a nationwide downturn in the housing market, Poughquag real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Poughquag appreciation rates continue to be some of the highest in America, at 7.32%, which is higher than appreciation rates in 90.45% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Poughquag. Poughquag appreciation rates in the latest quarter were at 1.71%, which equates to an annual appreciation rate of 7.01%.
Relative to New York, our data show that Poughquag's latest annual appreciation rate is higher than 90% of the other cities and towns in New York.
$590,644
for New york
for nation
2,617
$2,863 / per month