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 13,338, 6,298 total housing units (homes and apartments), and a median house value of $141,534, house prices in Endicott are some of the most affordable in New York as well as the nation.
Duplexes, homes converted to apartments or other small apartment buildings are the single most common housing type in Endicott, accounting for 43.79% of the village's housing units. Other types of housing that are prevalent in Endicott include single-family detached homes ( 36.71%), large apartment complexes or high rise apartments ( 16.43%), and a few row houses and other attached homes ( 2.42%). Villages that are predominantly high-density buildings are relatively uncommon in the US. Because of the density, these types of villages are often walkable and compact, and often have a lively downtown.
People in Endicott primarily live in small (one, two or no bedroom) units, chiefly found in duplexes, homes converted to apartments or other small apartment buildings. Endicott has a mixture of owner-occupied and renter-occupied housing.
The housing in Endicott was primarily built before 1939 ( 45.69%), making the housing stock in Endicott some of the oldest overall in America, although there is a range of ages of homes in Endicott. The next most important housing age is between 1940-1969 ( 39.51%), followed by between 1970-1999 ( 12.17%). There's also some housing in Endicott built between 2000 and later ( 2.63%).
Vacant housing appears to be an issue in Endicott. Fully 11.77% of the housing stock is classified as vacant. Left unchecked, vacant Endicott homes and apartments can be a drag on the real estate market, holding Endicott 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.
Some of the lowest real estate appreciation rates in America over the last ten years have been in Endicott, where house values have increased just 41.48%, which is annualized rate of 3.53%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
NeighborhoodScout's data show that during the latest twelve months, Endicott's appreciation rate, at 7.35%, has been at or slightly above the national average. In the latest quarter, Endicott's appreciation rate has been -7.79%, which annualizes to a rate of -27.70%.
Notably, Endicott's appreciation rate in the latest quarter is one of the lowest in America.
Relative to New York, our data show that Endicott's latest annual appreciation rate is higher than 60% 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 village. Individual neighborhoods within Endicott differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Endicott - 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 Endicott real estate investment or home purchase decisions.
$141,534
for New york
for nation
6,298
$1,373 / per month