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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Sleepy Hollow, NY Real Estate Market

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Sleepy Hollow, NY Housing Market Trends

With 11,001 people, 3,874 houses or apartments, and a median cost of homes of $860,077, Sleepy Hollow house prices are not only among the most expensive in New York, Sleepy Hollow real estate also is some of the most expensive in all of America.

Duplexes, homes converted to apartments or other small apartment buildings are the single most common housing type in Sleepy Hollow, accounting for 37.01% of the village's housing units. Other types of housing that are prevalent in Sleepy Hollow include large apartment complexes or high rise apartments ( 31.06%), single-family detached homes ( 28.32%), and a few row houses and other attached homes ( 3.07%). Villages with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact villages that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.

Sleepy Hollow is dominated by renter-occupied one, two, or no bedrooms apartments. 67.40% of Sleepy Hollow's dwellings are rentals.

The housing in Sleepy Hollow was primarily built before 1939 ( 50.40%), making the housing stock in Sleepy Hollow some of the oldest overall in America, although there is a range of ages of homes in Sleepy Hollow. The next most important housing age is between 1940-1969 ( 24.13%), followed by between 1970-1999 ( 16.04%). There's also some housing in Sleepy Hollow built between 2000 and later ( 9.43%).

Sleepy Hollow Home Appreciation Rates

Sleepy Hollow's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Sleepy Hollow during the period has been just 4.69%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Sleepy Hollow's appreciation rate, at 7.83%, has been at or slightly above the national average. In the latest quarter, Sleepy Hollow's appreciation rate has been 2.82%, which annualizes to a rate of 11.77%.

Relative to New York, our data show that Sleepy Hollow's latest annual appreciation rate is higher than 60% of the other cities and towns in New York.

Average Home Values

Median Home Value

$860,077

Sleepy Hollow, NY Home Prices
> $1,221,000
$916,001 - $1,221,000
$611,001 - $916,000
$489,001 - $611,000
$367,001 - $489,000
$244,001 - $367,000
$122,001 - $244,000
$61,001 - $122,000
$0 - $61,000
19.4%
19.4%
17.5%
17.5%
37.4%
37.4%
16.9%
16.9%
7.4%
7.4%
0.1%
0.1%
0.3%
0.3%
0.6%
0.6%
0.4%
0.4%
0% 100.0%
% of Homes
Very High

for New york

Very High

for nation

Number of Homes And Apartments:

3,874

Sleepy Hollow Appreciation Rates

Rent & Ownership

Average Market Rent:

$3,501 / per month

Homeownership Rate

Owners
Renters
32.6%
32.6%
67.4%
67.4%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
4.1%
4.1%
95.9%
95.9%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
9.4%
9.4%
16.0%
16.0%
24.1%
24.1%
50.4%
50.4%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
28.3%
28.3%
3.1%
3.1%
37.0%
37.0%
31.1%
31.1%
0.5%
0.5%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.2%
2.2%
30.9%
30.9%
30.8%
30.8%
18.2%
18.2%
14.1%
14.1%
3.8%
3.8%
0% 100.0%
% of Homes