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 6,915, 2,621 total housing units (homes and apartments), and a median house value of $518,328, Walden real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Walden, accounting for 55.17% of the village's housing units. Other types of housing that are prevalent in Walden include large apartment complexes or high rise apartments ( 17.97%), duplexes, homes converted to apartments or other small apartment buildings ( 14.99%), and a few row houses and other attached homes ( 11.87%).
People in Walden primarily live in small (one, two or no bedroom) single-family detached homes. Walden has a mixture of owner-occupied and renter-occupied housing.
The housing in Walden was primarily built before 1939 ( 31.26%), making the housing stock in Walden some of the oldest overall in America, although there is a range of ages of homes in Walden. The next most important housing age is between 1940-1969 ( 27.72%), followed by between 1970-1999 ( 26.61%). There's also some housing in Walden built between 2000 and later ( 14.40%).
Appreciation rates for homes in Walden have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 112.04%, which ranks in the top 30% nationwide. This equates to an annual average Walden house appreciation rate of 7.81%.
Appreciation rates are so strong in Walden that despite a nationwide downturn in the housing market, Walden real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Walden appreciation rates continue to be some of the highest in America, at 6.40%, which is higher than appreciation rates in 83.97% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Walden. Walden appreciation rates in the latest quarter were at 1.71%, which equates to an annual appreciation rate of 7.01%.
Relative to New York, our data show that Walden's latest annual appreciation rate is higher than 80% of the other cities and towns in New York.
$518,328
for New york
for nation
2,621
$2,515 / per month