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 664 people, 232 houses or apartments, and a median cost of homes of $186,112, house prices in Pitcher are solidly below the national average.
Single-family detached homes are the single most common housing type in Pitcher, accounting for 66.77% of the town's housing units. Other types of housing that are prevalent in Pitcher include mobile homes or trailers ( 30.43%), duplexes, homes converted to apartments or other small apartment buildings ( 1.86%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Pitcher. Owner-occupied housing accounts for 83.19% of Pitcher's homes, and 57.76% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Pitcher 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 Pitcher built before 1939 ( 33.54%). A lesser amount of the housing stock also hails from between 2000 and later ( 16.15%). There's also some housing in Pitcher built between 1940-1969 ( 8.70%).
Vacant housing appears to be an issue in Pitcher. Fully 27.95% of the housing stock is classified as vacant. Left unchecked, vacant Pitcher homes and apartments can be a drag on the real estate market, holding Pitcher 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.
Appreciation rates for homes in Pitcher have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 92.12%, which ranks in the top 50% nationwide. This equates to an annual average Pitcher house appreciation rate of 6.75%.
NeighborhoodScout's data show that during the latest twelve months, Pitcher's appreciation rate, at 6.70%, has been at or slightly above the national average. In the latest quarter, Pitcher's appreciation rate has been -2.87%, which annualizes to a rate of -11.00%.
Notably, Pitcher's appreciation rate in the latest quarter is one of the lowest in America.
Relative to New York, our data show that Pitcher's latest annual appreciation rate is higher than 50% of the other cities and towns in New York.
$186,112
for New york
for nation
232
$1,371 / per month