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 8,882, 3,366 total housing units (homes and apartments), and a median house value of $431,366, New Windsor real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in New Windsor, accounting for 59.58% of the town's housing units. Other types of housing that are prevalent in New Windsor include large apartment complexes or high rise apartments ( 24.31%), duplexes, homes converted to apartments or other small apartment buildings ( 8.33%), and a few row houses and other attached homes ( 5.33%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in New Windsor. Owner-occupied housing accounts for 71.23% of New Windsor's homes, and 55.49% have either three or four bedrooms, which is average sized relative to America.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. New Windsor's housing was primarily built during this period, from the '40s through the '60s. A full 51.35% of the town's housing hails from this era. Other housing ages represented in New Windsor include homes built between 1970-1999 ( 37.47%) and housing constructed between 2000 and later ( 6.40%). There's also some housing in New Windsor built before 1939 ( 4.77%).
Appreciation rates for homes in New Windsor have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 100.34%, which ranks in the top 40% nationwide. This equates to an annual average New Windsor house appreciation rate of 7.20%.
Appreciation rates are so strong in New Windsor that despite a nationwide downturn in the housing market, New Windsor real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, New Windsor appreciation rates continue to be some of the highest in America, at 8.53%, which is higher than appreciation rates in 76.02% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in New Windsor. New Windsor appreciation rates in the latest quarter were at 0.58%, which equates to an annual appreciation rate of 2.34%.
Notably, New Windsor's appreciation rate in the latest quarter is one of the lowest in America.
Relative to New York, our data show that New Windsor's latest annual appreciation rate is higher than 70% of the other cities and towns in New York.
One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within New Windsor differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in New Windsor - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best New Windsor real estate investment or home purchase decisions.
$431,366
for New york
for nation
3,366
$2,165 / per month