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 10,104 people, 2,635 houses or apartments, and a median cost of homes of $891,109, Airmont house prices are not only among the most expensive in New York, Airmont real estate also is some of the most expensive in all of America.
Airmont is a village of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Airmont than is found in 98% of the communities in America.
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Airmont. Owner-occupied housing accounts for 74.85% of Airmont's homes, and 65.72% have either three or four bedrooms, which is average sized relative to America.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Airmont's housing was primarily built during this period, from the '40s through the '60s. A full 41.58% of the village's housing hails from this era. Other housing ages represented in Airmont include homes built between 1970-1999 ( 30.22%) and housing constructed between 2000 and later ( 16.09%). There's also some housing in Airmont built before 1939 ( 12.10%).
Appreciation rates for homes in Airmont have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 110.49%, which ranks in the top 30% nationwide. This equates to an annual average Airmont house appreciation rate of 7.73%.
Appreciation rates are so strong in Airmont that despite a nationwide downturn in the housing market, Airmont real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Airmont appreciation rates continue to be some of the highest in America, at 11.26%, which is higher than appreciation rates in 91.89% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Airmont. Airmont appreciation rates in the latest quarter were at 2.82%, which equates to an annual appreciation rate of 11.77%.
Relative to New York, our data show that Airmont's latest annual appreciation rate is higher than 90% of the other cities and towns in New York.
$891,109
$2,457 / per month