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 1,310, 593 total housing units (homes and apartments), and a median house value of $305,625, Bloomfield real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Bloomfield, accounting for 71.05% of the village's housing units. Other types of housing that are prevalent in Bloomfield include large apartment complexes or high rise apartments ( 18.11%), duplexes, homes converted to apartments or other small apartment buildings ( 3.87%), and a few row houses and other attached homes ( 3.56%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Bloomfield. Owner-occupied housing accounts for 73.83% of Bloomfield's homes, and 54.33% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Bloomfield 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 Bloomfield built before 1939 ( 32.51%). A lesser amount of the housing stock also hails from between 1940-1969 ( 25.08%). There's also some housing in Bloomfield built between 2000 and later ( 8.20%).
Real estate appreciation rates in Bloomfield's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.88% during the period.
NeighborhoodScout's data show that during the latest twelve months, Bloomfield's appreciation rate, at 5.43%, has been at or slightly above the national average. In the latest quarter, Bloomfield's appreciation rate has been 5.43%, which annualizes to a rate of 23.57%.
Importantly, this makes Bloomfield 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 Bloomfield's latest annual appreciation rate is lower than 60% of the other cities and towns in New York.
$305,625
for New york
for nation
593
$1,335 / per month