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 3,573 people, 1,730 houses or apartments, and a median cost of homes of $236,326, house prices in Calcium are solidly below the national average.
Duplexes, homes converted to apartments or other small apartment buildings are the single most common housing type in Calcium, accounting for 33.94% of the town's housing units. Other types of housing that are prevalent in Calcium include large apartment complexes or high rise apartments ( 29.73%), row houses and other attached homes ( 23.37%), and a few mobile homes or trailers ( 6.55%). This particular housing mix is relatively uncommon and characteristic of towns that are compact and walkable, and which often have a lively downtown.
Calcium is dominated by renter-occupied one, two, or no bedrooms apartments. 92.49% of Calcium's dwellings are rentals.
There is a lot of housing in Calcium 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 Calcium built between 2000 and later ( 34.86%). A lesser amount of the housing stock also hails from between 1940-1969 ( 14.84%). There's also some housing in Calcium built before 1939 ( 7.62%).
Vacant housing appears to be an issue in Calcium. Fully 12.09% of the housing stock is classified as vacant. Left unchecked, vacant Calcium homes and apartments can be a drag on the real estate market, holding Calcium real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Calcium's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Calcium during the period has been just 4.24%, which is lower than 80% of US communities.
Appreciation rates are so strong in Calcium that despite a nationwide downturn in the housing market, Calcium real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Calcium appreciation rates continue to be some of the highest in America, at 10.96%, which is higher than appreciation rates in 97.21% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Calcium. Calcium appreciation rates in the latest quarter were at 8.30%, which equates to an annual appreciation rate of 37.55%.
Importantly, this makes Calcium one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to New York, our data show that Calcium's latest annual appreciation rate is higher than 70% of the other cities and towns in New York.
$236,326
for New york
for nation
1,730
$2,149 / per month