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 10,612, 3,265 total housing units (homes and apartments), and a median house value of $400,060, West Haverstraw real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in West Haverstraw, accounting for 45.40% of the village's housing units. Other types of housing that are prevalent in West Haverstraw include row houses and other attached homes ( 21.23%), duplexes, homes converted to apartments or other small apartment buildings ( 17.57%), and a few large apartment complexes or high rise apartments ( 15.09%).
The most prevalent building size and type in West Haverstraw are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 61.69% owning and 38.31% renting.
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. West Haverstraw's housing was primarily built during this period, from the '40s through the '60s. A full 43.07% of the village's housing hails from this era. Other housing ages represented in West Haverstraw include homes built between 1970-1999 ( 35.87%) and housing constructed before 1939 ( 18.18%). There's also some housing in West Haverstraw built between 2000 and later ( 2.87%).
Real estate appreciation rates in West Haverstraw's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.50% during the period.
Appreciation rates are so strong in West Haverstraw that despite a nationwide downturn in the housing market, West Haverstraw real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, West Haverstraw appreciation rates continue to be some of the highest in America, at 8.89%, which is higher than appreciation rates in 80.00% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in West Haverstraw. West Haverstraw 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 West Haverstraw's latest annual appreciation rate is higher than 70% of the other cities and towns in New York.
$400,060
for New york
for nation
3,265
$3,381 / per month