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 3,346, 1,229 total housing units (homes and apartments), and a median house value of $269,820, Eden real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Eden, accounting for 86.09% of the town's housing units. Other types of housing that are prevalent in Eden include duplexes, homes converted to apartments or other small apartment buildings ( 7.16%), large apartment complexes or high rise apartments ( 6.75%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Eden. Owner-occupied housing accounts for 83.11% of Eden's homes, and 74.04% have either three or four bedrooms, which is average sized relative to America.
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. Eden's housing was primarily built during this period, from the '40s through the '60s. A full 38.00% of the town's housing hails from this era. Other housing ages represented in Eden include homes built between 1970-1999 ( 32.06%) and housing constructed before 1939 ( 23.52%). There's also some housing in Eden built between 2000 and later ( 6.43%).
Real estate appreciation rates in Eden's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.48% during the period.
Appreciation rates are so strong in Eden that despite a nationwide downturn in the housing market, Eden real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Eden appreciation rates continue to be some of the highest in America, at 7.14%, which is higher than appreciation rates in 75.36% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Eden. Eden appreciation rates in the latest quarter were at 1.32%, which equates to an annual appreciation rate of 5.37%.
Relative to New York, our data show that Eden's latest annual appreciation rate is lower than 60% of the other cities and towns in New York.
$269,820
for New york
for nation
1,229
$1,157 / per month