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 7,267, 2,217 total housing units (homes and apartments), and a median house value of $1,860,271, East Hills house prices are not only among the most expensive in New York, East Hills real estate also is some of the most expensive in all of America.
East Hills is a village of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in East Hills than is found in 98% of the communities in America.
The large homes that make up East Hills are primarily owner-occupied ( 99.86%).
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. East Hills's housing was primarily built during this period, from the '40s through the '60s. A full 77.05% of the village's housing hails from this era. Other housing ages represented in East Hills include homes built between 1970-1999 ( 8.49%) and housing constructed between 2000 and later ( 7.62%). There's also some housing in East Hills built before 1939 ( 6.84%).
Real estate appreciation rates in East Hills's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.12% during the period.
NeighborhoodScout's data show that during the latest twelve months, East Hills's appreciation rate, at 4.36%, has been at or slightly above the national average. In the latest quarter, East Hills's appreciation rate has been 2.59%, which annualizes to a rate of 10.79%.
Relative to New York, our data show that East Hills's latest annual appreciation rate is higher than 50% of the other cities and towns in New York.
$6,339 / per month