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 2,745 people, 1,252 houses or apartments, and a median cost of homes of $301,370, Honeoye Falls 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 Honeoye Falls, accounting for 49.06% of the village's housing units. Other types of housing that are prevalent in Honeoye Falls include large apartment complexes or high rise apartments ( 30.88%), duplexes, homes converted to apartments or other small apartment buildings ( 14.73%), and a few row houses and other attached homes ( 5.33%).
The most prevalent building size and type in Honeoye Falls are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 52.24% owning and 47.76% renting.
There is a lot of housing in Honeoye Falls 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 Honeoye Falls built before 1939 ( 27.35%). A lesser amount of the housing stock also hails from between 1940-1969 ( 23.44%). There's also some housing in Honeoye Falls built between 2000 and later ( 14.58%).
Honeoye Falls's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Honeoye Falls during the period has been just 4.89%, which is lower than 80% of US communities.
NeighborhoodScout's data show that during the latest twelve months, Honeoye Falls's appreciation rate, at 6.21%, has been at or slightly above the national average. In the latest quarter, Honeoye Falls's appreciation rate has been 5.43%, which annualizes to a rate of 23.58%.
Importantly, this makes Honeoye Falls one of the highest appreciating communities in the nation for the latest quarter, and may signal the village's near-future real estate investment strength.
Relative to New York, our data show that Honeoye Falls's latest annual appreciation rate is lower than 50% of the other cities and towns in New York.
$301,370
$1,847 / per month