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 5,220 people, 1,727 houses or apartments, and a median cost of homes of $906,223, Albertson house prices are not only among the most expensive in New York, Albertson real estate also is some of the most expensive in all of America.
Single-family detached homes are the single most common housing type in Albertson, accounting for 85.34% of the town's housing units. Other types of housing that are prevalent in Albertson include duplexes, homes converted to apartments or other small apartment buildings ( 6.44%), large apartment complexes or high rise apartments ( 6.33%), and a few row houses and other attached homes ( 1.89%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Albertson. Owner-occupied housing accounts for 93.20% of Albertson's homes, and 71.37% have either three or four bedrooms, which is average sized relative to America.
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. Albertson's housing was primarily built during this period, from the '40s through the '60s. A full 71.48% of the town's housing hails from this era. Other housing ages represented in Albertson include homes built before 1939 ( 13.85%) and housing constructed between 1970-1999 ( 10.44%). There's also some housing in Albertson built between 2000 and later ( 4.22%).
Albertson's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Albertson during the period has been just 5.13%, which is lower than 80% of US communities.
NeighborhoodScout's data show that during the latest twelve months, Albertson's appreciation rate, at 6.97%, has been at or slightly above the national average. In the latest quarter, Albertson's appreciation rate has been 2.82%, which annualizes to a rate of 11.77%.
Relative to New York, our data show that Albertson's latest annual appreciation rate is higher than 50% of the other cities and towns in New York.
$906,223
for New york
for nation
1,727
$5,188 / per month