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 1,751 people, 658 houses or apartments, and a median cost of homes of $464,365, Pine Bush real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Pine Bush, accounting for 60.88% of the town's housing units. Other types of housing that are prevalent in Pine Bush include duplexes, homes converted to apartments or other small apartment buildings ( 18.87%), large apartment complexes or high rise apartments ( 13.09%), and a few row houses and other attached homes ( 7.16%).
The most prevalent building size and type in Pine Bush are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 42.38% owning and 57.62% renting.
The housing in Pine Bush was primarily built before 1939 ( 42.42%), making the housing stock in Pine Bush some of the oldest overall in America, although there is a range of ages of homes in Pine Bush. The next most important housing age is between 1970-1999 ( 28.93%), followed by between 1940-1969 ( 20.66%). There's also some housing in Pine Bush built between 2000 and later ( 7.99%).
Appreciation rates for homes in Pine Bush have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 96.88%, which ranks in the top 40% nationwide. This equates to an annual average Pine Bush house appreciation rate of 7.01%.
Over the last year, Pine Bush appreciation rates have trailed the rest of the nation. In the last twelve months, Pine Bush's appreciation rate has been 3.85%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Pine Bush were at 0.58%, which equates to an annual appreciation rate of 2.34%.
Notably, Pine Bush's appreciation rate in the latest quarter is one of the lowest in America.
Relative to New York, our data show that Pine Bush's latest annual appreciation rate is lower than 80% of the other cities and towns in New York.
$464,365
for New york
for nation
658
$2,504 / per month