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 642, 247 total housing units (homes and apartments), and a median house value of $207,123, house prices in Parishville are solidly below the national average.
Single-family detached homes are the single most common housing type in Parishville, accounting for 71.70% of the town's housing units. Other types of housing that are prevalent in Parishville include mobile homes or trailers ( 12.58%), duplexes, homes converted to apartments or other small apartment buildings ( 9.75%), and a few large apartment complexes or high rise apartments ( 4.09%).
The most prevalent building size and type in Parishville are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 59.11% owning and 40.89% renting.
There is a lot of housing in Parishville 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 Parishville built before 1939 ( 29.25%). A lesser amount of the housing stock also hails from between 1940-1969 ( 19.81%). There's also some housing in Parishville built between 2000 and later ( 16.67%).
Vacant housing appears to be an issue in Parishville. Fully 22.33% of the housing stock is classified as vacant. Left unchecked, vacant Parishville homes and apartments can be a drag on the real estate market, holding Parishville 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.
Parishville's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Parishville during the period has been just 5.24%, which is lower than 80% of US communities.
NeighborhoodScout's data show that during the latest twelve months, Parishville's appreciation rate, at 7.14%, has been at or slightly above the national average. In the latest quarter, Parishville's appreciation rate has been -2.87%, which annualizes to a rate of -11.00%.
Notably, Parishville's appreciation rate in the latest quarter is one of the lowest in America.
Relative to New York, our data show that Parishville's latest annual appreciation rate is higher than 50% of the other cities and towns in New York.
$207,123
for New york
for nation
247
$1,318 / per month