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 15,459 people, 7,370 houses or apartments, and a median cost of homes of $141,833, house prices in Batavia 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 Batavia, accounting for 52.93% of the city's housing units. Other types of housing that are prevalent in Batavia include duplexes, homes converted to apartments or other small apartment buildings ( 30.32%), large apartment complexes or high rise apartments ( 14.15%), and a few row houses and other attached homes ( 2.59%).
The most prevalent building size and type in Batavia are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 51.03% owning and 48.97% renting.
The housing in Batavia was primarily built before 1939 ( 47.51%), making the housing stock in Batavia some of the oldest overall in America, although there is a range of ages of homes in Batavia. The next most important housing age is between 1940-1969 ( 28.11%), followed by between 1970-1999 ( 22.31%). There's also some housing in Batavia built between 2000 and later ( 2.07%).
Batavia's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Batavia during the period has been just 5.42%, which is lower than 70% of US communities.
NeighborhoodScout's data show that during the latest twelve months, Batavia's appreciation rate, at 7.04%, has been at or slightly above the national average. In the latest quarter, Batavia's appreciation rate has been -2.87%, which annualizes to a rate of -11.00%.
Notably, Batavia's appreciation rate in the latest quarter is one of the lowest in America.
Relative to New York, our data show that Batavia's latest annual appreciation rate is higher than 50% of the other cities and towns in New York.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Batavia differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Batavia - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Batavia real estate investment or home purchase decisions.
$141,833
for New york
for nation
7,370
$1,377 / per month