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 1,124, 429 total housing units (homes and apartments), and a median house value of $259,890, Hadley 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 Hadley, accounting for 80.73% of the town's housing units. Other types of housing that are prevalent in Hadley include mobile homes or trailers ( 7.10%), duplexes, homes converted to apartments or other small apartment buildings ( 6.09%), and a few large apartment complexes or high rise apartments ( 4.87%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Hadley. Owner-occupied housing accounts for 70.30% of Hadley's homes, and 63.29% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Hadley 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 Hadley built between 1940-1969 ( 34.48%). A lesser amount of the housing stock also hails from between 2000 and later ( 15.62%). There's also some housing in Hadley built before 1939 ( 8.52%).
Vacant housing appears to be an issue in Hadley. Fully 12.98% of the housing stock is classified as vacant. Left unchecked, vacant Hadley homes and apartments can be a drag on the real estate market, holding Hadley 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.
Hadley's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Hadley during the period has been just 5.24%, which is lower than 80% of US communities.
Over the last year, Hadley appreciation rates have trailed the rest of the nation. In the last twelve months, Hadley's appreciation rate has been 4.79%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Hadley were at -0.27%, which equates to an annual appreciation rate of -1.06%.
Notably, Hadley's appreciation rate in the latest quarter is one of the lowest in America.
Relative to New York, our data show that Hadley's latest annual appreciation rate is lower than 70% of the other cities and towns in New York.
$259,890
for New york
for nation
429
$1,379 / per month