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 1,742 people, 804 houses or apartments, and a median cost of homes of $172,054, house prices in Painted Post are solidly below the national average.
Single-family detached homes are the single most common housing type in Painted Post, accounting for 69.49% of the village's housing units. Other types of housing that are prevalent in Painted Post include duplexes, homes converted to apartments or other small apartment buildings ( 13.67%), large apartment complexes or high rise apartments ( 13.11%), and a few row houses and other attached homes ( 2.03%).
The most prevalent building size and type in Painted Post are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 64.54% owning and 35.46% renting.
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. Painted Post's housing was primarily built during this period, from the '40s through the '60s. A full 45.20% of the village's housing hails from this era. Other housing ages represented in Painted Post include homes built before 1939 ( 36.95%) and housing constructed between 1970-1999 ( 17.85%).
Some of the lowest real estate appreciation rates in America over the last ten years have been in Painted Post, where house values have increased just 42.45%, which is annualized rate of 3.60%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Over the last year, Painted Post appreciation rates have trailed the rest of the nation. In the last twelve months, Painted Post's appreciation rate has been 3.40%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Painted Post were at -2.87%, which equates to an annual appreciation rate of -11.00%.
Notably, Painted Post's appreciation rate in the latest quarter is one of the lowest in America.
Relative to New York, our data show that Painted Post's latest annual appreciation rate is lower than 80% of the other cities and towns in New York.
$172,054
for New york
for nation
804
$1,324 / per month