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 6,137 people, 1,543 houses or apartments, and a median cost of homes of $1,291,288, Wesley Hills house prices are not only among the most expensive in New York, Wesley Hills real estate also is some of the most expensive in all of America.
Wesley Hills is a village of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Wesley Hills than is found in 98% of the communities in America.
The large homes that make up Wesley Hills are primarily owner-occupied ( 86.62%).
There is a lot of housing in Wesley Hills built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Wesley Hills built between 1940-1969 ( 39.33%). A lesser amount of the housing stock also hails from between 2000 and later ( 15.06%). There's also some housing in Wesley Hills built before 1939 ( 5.00%).
In the last 10 years, Wesley Hills has experienced some of the highest home appreciation rates of any community in the nation. Wesley Hills real estate appreciated 129.86% over the last ten years, which is an average annual home appreciation rate of 8.68%, putting Wesley Hills in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Wesley Hills 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 Wesley Hills that despite a nationwide downturn in the housing market, Wesley Hills real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Wesley Hills appreciation rates continue to be some of the highest in America, at 12.06%, which is higher than appreciation rates in 93.76% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Wesley Hills. Wesley Hills 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 Wesley Hills's latest annual appreciation rate is higher than 90% of the other cities and towns in New York.
$1,291,288
for New york
for nation
1,543
$5,972 / per month