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 3,869, 1,832 total housing units (homes and apartments), and a median house value of $477,162, Saugerties real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Saugerties, accounting for 41.51% of the village's housing units. Other types of housing that are prevalent in Saugerties include large apartment complexes or high rise apartments ( 31.30%), duplexes, homes converted to apartments or other small apartment buildings ( 24.90%), and a few row houses and other attached homes ( 2.29%).
People in Saugerties primarily live in small (one, two or no bedroom) single-family detached homes. Saugerties has a mixture of owner-occupied and renter-occupied housing.
The housing in Saugerties was primarily built before 1939 ( 51.27%), making the housing stock in Saugerties some of the oldest overall in America, although there is a range of ages of homes in Saugerties. The next most important housing age is between 1940-1969 ( 21.80%), followed by between 1970-1999 ( 21.39%). There's also some housing in Saugerties built between 2000 and later ( 5.54%).
In the last 10 years, Saugerties has experienced some of the highest home appreciation rates of any community in the nation. Saugerties real estate appreciated 122.47% over the last ten years, which is an average annual home appreciation rate of 8.32%, putting Saugerties in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Saugerties definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in Saugerties that despite a nationwide downturn in the housing market, Saugerties real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Saugerties appreciation rates continue to be some of the highest in America, at 17.66%, which is higher than appreciation rates in 98.72% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Saugerties. Saugerties appreciation rates in the latest quarter were at 2.03%, which equates to an annual appreciation rate of 8.38%.
Relative to New York, our data show that Saugerties's latest annual appreciation rate is higher than 90% of the other cities and towns in New York.
$477,162
$1,722 / per month