Whitesboro, NY Real Estate Market

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Whitesboro, NY Housing Market Trends

With 3,612 people, 1,684 houses or apartments, and a median cost of homes of $147,675, house prices in Whitesboro are solidly below the national average.

Single-family detached homes are the single most common housing type in Whitesboro, accounting for 46.27% of the village's housing units. Other types of housing that are prevalent in Whitesboro include duplexes, homes converted to apartments or other small apartment buildings ( 30.34%), large apartment complexes or high rise apartments ( 17.55%), and a few row houses and other attached homes ( 5.85%).

People in Whitesboro primarily live in small (one, two or no bedroom) single-family detached homes. Whitesboro has a mixture of owner-occupied and renter-occupied housing.

The housing in Whitesboro was primarily built before 1939 ( 45.27%), making the housing stock in Whitesboro some of the oldest overall in America, although there is a range of ages of homes in Whitesboro. The next most important housing age is between 1940-1969 ( 34.10%), followed by between 1970-1999 ( 19.11%). There's also some housing in Whitesboro built between 2000 and later ( 1.51%).

Vacant housing appears to be an issue in Whitesboro. Fully 12.06% of the housing stock is classified as vacant. Left unchecked, vacant Whitesboro homes and apartments can be a drag on the real estate market, holding Whitesboro real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Whitesboro Home Appreciation Rates

Real estate appreciation rates in Whitesboro's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 3.96% during the period.

NeighborhoodScout's data show that during the latest twelve months, Whitesboro's appreciation rate, at 19.67%, has been at or slightly above the national average. In the latest quarter, Whitesboro's appreciation rate has been 8.71%, which annualizes to a rate of 39.65%.

Importantly, this makes Whitesboro one of the highest appreciating communities in the nation for the latest quarter, and may signal the village's near-future real estate investment strength.

Relative to New York, our data show that Whitesboro's latest annual appreciation rate is higher than 80% of the other cities and towns in New York.

Average Home Values

 

Median Home Value:
$147,675

Whitesboro, NY HOME PRICES

> $1,314,000
0.0%
0.0%
$986,001 - $1,314,000
0.0%
0.0%
$657,001 - $986,000
8.4%
8.4%
$526,001 - $657,000
0.0%
0.0%
$394,001 - $526,000
0.0%
0.0%
$263,001 - $394,000
6.6%
6.6%
$132,001 - $263,000
43.3%
43.3%
$66,001 - $132,000
40.3%
40.3%
$0 - $66,000
1.4%
1.4%
0.0% 100.0%
% OF HOMES
Value Relative To State

Low for Nation

Very Low for NY

Value Relative To Nation

Number Of Homes And Apartments:
1,684

Whitesboro Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NY*
Compared To
America*
Latest Quarter:
2021 Q3 - 2021 Q4
Last 12 Months:
2020 Q4 - 2021 Q4
Last 2 Years:
2019 Q4 - 2021 Q4
Last 5 Years:
2016 Q4 - 2021 Q4
Last 10 Years:
2011 Q4 - 2021 Q4
Since 2000:
2000 Q1 - 2021 Q4
105.60% 3.33%
3
6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,040 / per month

Homeownership Rate

Owners
49.2%
49.2%
Renters
50.8%
50.8%
Vacant
12.1%
12.1%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
1.5%
1.5%
1970 - 1999
19.1%
19.1%
1940 - 1969
34.1%
34.1%
1939 or Older
45.3%
45.3%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
46.3%
46.3%
Townhomes
5.8%
5.8%
Small Apt. Buildings
30.3%
30.3%
Apt. Complexes
17.5%
17.5%
Mobile Homes
0.0%
0.0%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
2.0%
2.0%
1 Bedroom
21.7%
21.7%
2 Bedrooms
28.6%
28.6%
3 Bedrooms
35.7%
35.7%
4 Bedrooms
10.1%
10.1%
5 or more bedrooms
2.0%
2.0%
0.0% 100.0%
% OF HOMES