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 475 people, 189 houses or apartments, and a median cost of homes of $232,203, house prices in Fort Ann are solidly below the national average.
Single-family detached homes are the single most common housing type in Fort Ann, accounting for 85.71% of the village's housing units. Other types of housing that are prevalent in Fort Ann include duplexes, homes converted to apartments or other small apartment buildings ( 6.67%), large apartment complexes or high rise apartments ( 4.29%), and a few mobile homes or trailers ( 3.33%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Fort Ann. Owner-occupied housing accounts for 85.19% of Fort Ann's homes, and 71.43% have either three or four bedrooms, which is average sized relative to America.
The housing in Fort Ann was primarily built before 1939 ( 42.38%), making the housing stock in Fort Ann some of the oldest overall in America, although there is a range of ages of homes in Fort Ann. The next most important housing age is between 1970-1999 ( 30.00%), followed by between 2000 and later ( 14.29%). There's also some housing in Fort Ann built between 1940-1969 ( 13.33%).
Vacant housing appears to be an issue in Fort Ann. Fully 10.00% of the housing stock is classified as vacant. Left unchecked, vacant Fort Ann homes and apartments can be a drag on the real estate market, holding Fort Ann 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.
Fort Ann's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Fort Ann during the period has been just 5.23%, which is lower than 80% of US communities.
Over the last year, Fort Ann appreciation rates have trailed the rest of the nation. In the last twelve months, Fort Ann's appreciation rate has been 3.81%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Fort Ann were at -7.43%, which equates to an annual appreciation rate of -26.57%.
Notably, Fort Ann's appreciation rate in the latest quarter is one of the lowest in America.
Relative to New York, our data show that Fort Ann's latest annual appreciation rate is lower than 80% of the other cities and towns in New York.
$232,203
for New york
for nation
189
$1,370 / per month