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 9,852, 3,273 total housing units (homes and apartments), and a median house value of $625,375, real estate costs in Bohemia are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive New York communities.
Single-family detached homes are the single most common housing type in Bohemia, accounting for 71.66% of the town's housing units. Other types of housing that are prevalent in Bohemia include large apartment complexes or high rise apartments ( 11.69%), mobile homes or trailers ( 7.60%), and a few row houses and other attached homes ( 5.52%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Bohemia. Owner-occupied housing accounts for 80.41% of Bohemia's homes, and 58.11% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Bohemia 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 Bohemia built between 1940-1969 ( 36.78%). A lesser amount of the housing stock also hails from between 2000 and later ( 8.79%). There's also some housing in Bohemia built before 1939 ( 7.57%).
Bohemia's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Bohemia during the period has been just 5.08%, which is lower than 80% of US communities.
Appreciation rates are so strong in Bohemia that despite a nationwide downturn in the housing market, Bohemia real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Bohemia appreciation rates continue to be some of the highest in America, at 8.42%, which is higher than appreciation rates in 74.65% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Bohemia. Bohemia 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 Bohemia's latest annual appreciation rate is higher than 70% of the other cities and towns in New York.
$625,375
for New york
for nation
3,273
$4,297 / per month