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 8,532, 2,571 total housing units (homes and apartments), and a median house value of $846,677, Congers house prices are not only among the most expensive in New York, Congers real estate also is some of the most expensive in all of America.
Congers is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Congers 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 Congers. Owner-occupied housing accounts for 87.02% of Congers's homes, and 74.61% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Congers 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 Congers built between 1940-1969 ( 34.41%). A lesser amount of the housing stock also hails from before 1939 ( 10.03%). There's also some housing in Congers built between 2000 and later ( 7.02%).
Congers's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Congers during the period has been just 5.17%, which is lower than 80% of US communities.
Appreciation rates are so strong in Congers that despite a nationwide downturn in the housing market, Congers real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Congers appreciation rates continue to be some of the highest in America, at 9.54%, which is higher than appreciation rates in 84.66% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Congers. Congers 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 Congers's latest annual appreciation rate is higher than 80% of the other cities and towns in New York.
$846,677
for New york
for nation
2,571
$4,993 / per month