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 1,987 people, 909 houses or apartments, and a median cost of homes of $369,744, Pawling real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Pawling, accounting for 59.72% of the village's housing units. Other types of housing that are prevalent in Pawling include duplexes, homes converted to apartments or other small apartment buildings ( 21.15%), large apartment complexes or high rise apartments ( 18.27%).
The most prevalent building size and type in Pawling are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 53.43% owning and 46.57% renting.
The housing in Pawling was primarily built before 1939 ( 38.89%), making the housing stock in Pawling some of the oldest overall in America, although there is a range of ages of homes in Pawling. The next most important housing age is between 1940-1969 ( 27.99%), followed by between 1970-1999 ( 23.93%). There's also some housing in Pawling built between 2000 and later ( 9.19%).
Some of the lowest real estate appreciation rates in America over the last ten years have been in Pawling, where house values have increased just 52.79%, which is annualized rate of 4.33%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Over the last year, Pawling appreciation rates have trailed the rest of the nation. In the last twelve months, Pawling's appreciation rate has been 3.09%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Pawling were at 0.58%, which equates to an annual appreciation rate of 2.34%.
Notably, Pawling's appreciation rate in the latest quarter is one of the lowest in America.
Relative to New York, our data show that Pawling's latest annual appreciation rate is lower than 80% of the other cities and towns in New York.
$369,744
for New york
for nation
909
$1,915 / per month