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 2,418 people, 973 houses or apartments, and a median cost of homes of $217,185, house prices in Williamson are solidly below the national average.
Single-family detached homes are the single most common housing type in Williamson, accounting for 51.95% of the town's housing units. Other types of housing that are prevalent in Williamson include mobile homes or trailers ( 17.03%), large apartment complexes or high rise apartments ( 15.89%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 13.80%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Williamson. Owner-occupied housing accounts for 69.00% of Williamson's homes, and 53.00% have either three or four bedrooms, which is average sized relative to America.
The housing in Williamson was primarily built before 1939 ( 38.63%), making the housing stock in Williamson some of the oldest overall in America, although there is a range of ages of homes in Williamson. The next most important housing age is between 1970-1999 ( 26.74%), followed by between 1940-1969 ( 19.03%). There's also some housing in Williamson built between 2000 and later ( 15.60%).
Appreciation rates for homes in Williamson have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 108.54%, which ranks in the top 30% nationwide. This equates to an annual average Williamson house appreciation rate of 7.63%.
Appreciation rates are so strong in Williamson that despite a nationwide downturn in the housing market, Williamson real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Williamson appreciation rates continue to be some of the highest in America, at 5.57%, which is higher than appreciation rates in 80.48% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Williamson. Williamson appreciation rates in the latest quarter were at -1.79%, which equates to an annual appreciation rate of -6.98%.
Notably, Williamson's appreciation rate in the latest quarter is one of the lowest in America.
Relative to New York, our data show that Williamson's latest annual appreciation rate is lower than 70% of the other cities and towns in New York.
$217,185
for New york
for nation
973
$1,053 / per month