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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Bainbridge, NY Real Estate Market

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Bainbridge, NY Housing Market Trends

With a population of 1,267, 512 total housing units (homes and apartments), and a median house value of $126,387, house prices in Bainbridge are some of the most affordable in New York as well as the nation.

Single-family detached homes are the single most common housing type in Bainbridge, accounting for 56.41% of the village's housing units. Other types of housing that are prevalent in Bainbridge include duplexes, homes converted to apartments or other small apartment buildings ( 37.50%), large apartment complexes or high rise apartments ( 4.69%).

The most prevalent building size and type in Bainbridge are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 63.67% owning and 36.33% renting.

The housing in Bainbridge was primarily built before 1939 ( 59.53%), making the housing stock in Bainbridge some of the oldest overall in America, although there is a range of ages of homes in Bainbridge. The next most important housing age is between 1940-1969 ( 35.16%), followed by between 1970-1999 ( 4.38%).

Vacant housing appears to be an issue in Bainbridge. Fully 20.00% of the housing stock is classified as vacant. Left unchecked, vacant Bainbridge homes and apartments can be a drag on the real estate market, holding Bainbridge real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Bainbridge Home Appreciation Rates

Real estate appreciation rates in Bainbridge's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.87% during the period.

NeighborhoodScout's data show that during the latest twelve months, Bainbridge's appreciation rate, at 6.68%, has been at or slightly above the national average. In the latest quarter, Bainbridge's appreciation rate has been -2.87%, which annualizes to a rate of -11.00%.

Notably, Bainbridge's appreciation rate in the latest quarter is one of the lowest in America.

Relative to New York, our data show that Bainbridge's latest annual appreciation rate is higher than 50% of the other cities and towns in New York.

Average Home Values

Median Home Value

$126,387

Bainbridge, NY Home Prices
> $1,208,000
$906,001 - $1,208,000
$604,001 - $906,000
$483,001 - $604,000
$362,001 - $483,000
$242,001 - $362,000
$121,001 - $242,000
$60,001 - $121,000
$0 - $60,000
0.2%
0.2%
0.1%
0.1%
0.8%
0.8%
1.5%
1.5%
3.0%
3.0%
15.3%
15.3%
39.8%
39.8%
21.5%
21.5%
17.9%
17.9%
0% 100.0%
% of Homes
Very Low

for New york

Very Low

for nation

Number of Homes And Apartments:

512

Bainbridge Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,036 / per month

Homeownership Rate

Owners
Renters
63.7%
63.7%
36.3%
36.3%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
20.0%
20.0%
80.0%
80.0%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
0.9%
0.9%
4.4%
4.4%
35.2%
35.2%
59.5%
59.5%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
56.4%
56.4%
0.8%
0.8%
37.5%
37.5%
4.7%
4.7%
0.6%
0.6%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.3%
2.3%
12.0%
12.0%
20.5%
20.5%
32.5%
32.5%
28.4%
28.4%
4.2%
4.2%
0% 100.0%
% of Homes