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 4,835 people, 1,862 houses or apartments, and a median cost of homes of $324,765, Chittenango real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Chittenango, accounting for 63.78% of the village's housing units. Other types of housing that are prevalent in Chittenango include large apartment complexes or high rise apartments ( 20.55%), duplexes, homes converted to apartments or other small apartment buildings ( 14.80%).
The most prevalent building size and type in Chittenango are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 61.27% owning and 38.73% renting.
There is a lot of housing in Chittenango 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 Chittenango built between 1940-1969 ( 30.62%). A lesser amount of the housing stock also hails from before 1939 ( 13.44%). There's also some housing in Chittenango built between 2000 and later ( 11.44%).
Appreciation rates for homes in Chittenango have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 103.11%, which ranks in the top 40% nationwide. This equates to an annual average Chittenango house appreciation rate of 7.34%.
Appreciation rates are so strong in Chittenango that despite a nationwide downturn in the housing market, Chittenango real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Chittenango appreciation rates continue to be some of the highest in America, at 14.61%, which is higher than appreciation rates in 97.24% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Chittenango. Chittenango appreciation rates in the latest quarter were at 1.77%, which equates to an annual appreciation rate of 7.28%.
Relative to New York, our data show that Chittenango's latest annual appreciation rate is higher than 90% of the other cities and towns in New York.
$324,765
for New york
for nation
1,862
$1,015 / per month