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 6,885 people, 3,173 houses or apartments, and a median cost of homes of $563,999, real estate costs in Tuckahoe are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive New York communities.
Large apartment complexes or high rise apartments are the single most common housing type in Tuckahoe, accounting for 51.57% of the village's housing units. Other types of housing that are prevalent in Tuckahoe include single-family detached homes ( 29.83%), duplexes, homes converted to apartments or other small apartment buildings ( 13.98%), and a few row houses and other attached homes ( 4.03%). This particular housing mix is relatively uncommon and characteristic of villages that are compact and walkable, and which often have a lively downtown.
People in Tuckahoe primarily live in small (one, two or no bedroom) units, chiefly found in large apartment complexes or high rise apartments. Tuckahoe has a mixture of owner-occupied and renter-occupied housing.
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. Tuckahoe's housing was primarily built during this period, from the '40s through the '60s. A full 34.35% of the village's housing hails from this era. Other housing ages represented in Tuckahoe include homes built between 1970-1999 ( 31.73%) and housing constructed before 1939 ( 24.03%). There's also some housing in Tuckahoe built between 2000 and later ( 9.89%).
Some of the lowest real estate appreciation rates in America over the last ten years have been in Tuckahoe, where house values have increased just 49.15%, which is annualized rate of 4.08%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Appreciation rates are so strong in Tuckahoe that despite a nationwide downturn in the housing market, Tuckahoe real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Tuckahoe appreciation rates continue to be some of the highest in America, at 14.01%, which is higher than appreciation rates in 96.66% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Tuckahoe. Tuckahoe appreciation rates in the latest quarter were at 2.82%, which equates to an annual appreciation rate of 11.77%.
Relative to New York, our data show that Tuckahoe's latest annual appreciation rate is higher than 90% of the other cities and towns in New York.
$563,999
for New york
for nation
3,173
$4,704 / per month