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 6,909, 2,621 total housing units (homes and apartments), and a median house value of $535,570, Walden real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Walden, accounting for 55.17% of the village's housing units. Other types of housing that are prevalent in Walden include large apartment complexes or high rise apartments ( 17.97%), duplexes, homes converted to apartments or other small apartment buildings ( 14.99%), and a few row houses and other attached homes ( 11.87%).
People in Walden primarily live in small (one, two or no bedroom) single-family detached homes. Walden has a mixture of owner-occupied and renter-occupied housing.
The housing in Walden was primarily built before 1939 ( 31.26%), making the housing stock in Walden some of the oldest overall in America, although there is a range of ages of homes in Walden. The next most important housing age is between 1940-1969 ( 27.72%), followed by between 1970-1999 ( 26.61%). There's also some housing in Walden built between 2000 and later ( 14.40%).
In the last 10 years, Walden has experienced some of the highest home appreciation rates of any community in the nation. Walden real estate appreciated 114.80% over the last ten years, which is an average annual home appreciation rate of 7.95%, putting Walden in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Walden 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 Walden that despite a nationwide downturn in the housing market, Walden real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Walden appreciation rates continue to be some of the highest in America, at 8.63%, which is higher than appreciation rates in 94.92% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Walden. Walden appreciation rates in the latest quarter were at 2.91%, which equates to an annual appreciation rate of 12.16%.
Importantly, this makes Walden one of the highest appreciating communities in the nation for the latest quarter, and may signal the village's near-future real estate investment strength.
Relative to New York, our data show that Walden's latest annual appreciation rate is higher than 90% of the other cities and towns in New York.
$535,570
for New york
for nation
2,621
$2,530 / per month