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 1,086 people, 536 houses or apartments, and a median cost of homes of $351,147, Wurtsboro real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Wurtsboro, accounting for 62.88% of the village's housing units. Other types of housing that are prevalent in Wurtsboro include duplexes, homes converted to apartments or other small apartment buildings ( 12.88%), large apartment complexes or high rise apartments ( 9.49%), and a few mobile homes or trailers ( 8.64%).
People in Wurtsboro primarily live in small (one, two or no bedroom) single-family detached homes. Wurtsboro has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in Wurtsboro 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 Wurtsboro built between 1940-1969 ( 20.34%). A lesser amount of the housing stock also hails from before 1939 ( 18.14%). There's also some housing in Wurtsboro built between 2000 and later ( 11.86%).
Appreciation rates for homes in Wurtsboro have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 102.49%, which ranks in the top 40% nationwide. This equates to an annual average Wurtsboro house appreciation rate of 7.31%.
Appreciation rates are so strong in Wurtsboro that despite a nationwide downturn in the housing market, Wurtsboro real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Wurtsboro appreciation rates continue to be some of the highest in America, at 5.66%, which is higher than appreciation rates in 81.89% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Wurtsboro. Wurtsboro appreciation rates in the latest quarter were at 3.58%, which equates to an annual appreciation rate of 15.10%.
Importantly, this makes Wurtsboro 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 Wurtsboro's latest annual appreciation rate is lower than 50% of the other cities and towns in New York.
$351,147
for New york
for nation
536
$2,369 / per month