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 6,223, 2,655 total housing units (homes and apartments), and a median house value of $370,750, Selkirk real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Selkirk, accounting for 65.66% of the town's housing units. Other types of housing that are prevalent in Selkirk include duplexes, homes converted to apartments or other small apartment buildings ( 11.92%), row houses and other attached homes ( 10.43%), and a few large apartment complexes or high rise apartments ( 7.55%).
The most prevalent building size and type in Selkirk are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 61.35% owning and 38.65% renting.
There is a lot of housing in Selkirk 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 Selkirk built between 1940-1969 ( 23.79%). A lesser amount of the housing stock also hails from between 2000 and later ( 20.73%). There's also some housing in Selkirk built before 1939 ( 17.50%).
Selkirk's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Selkirk during the period has been just 4.88%, which is lower than 80% of US communities.
Over the last year, Selkirk appreciation rates have trailed the rest of the nation. In the last twelve months, Selkirk's appreciation rate has been 4.59%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Selkirk were at -0.27%, which equates to an annual appreciation rate of -1.07%.
Notably, Selkirk's appreciation rate in the latest quarter is one of the lowest in America.
Relative to New York, our data show that Selkirk's latest annual appreciation rate is lower than 70% of the other cities and towns in New York.
$370,750
for New york
for nation
2,655
$2,757 / per month