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 2,418 people, 1,041 houses or apartments, and a median cost of homes of $187,995, house prices in Williamson are solidly below the national average.
Single-family detached homes are the single most common housing type in Williamson, accounting for 48.12% of the town's housing units. Other types of housing that are prevalent in Williamson include duplexes, homes converted to apartments or other small apartment buildings ( 19.50%), mobile homes or trailers ( 15.47%), and a few large apartment complexes or high rise apartments ( 13.33%).
The most prevalent building size and type in Williamson are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 61.41% owning and 38.59% renting.
The housing in Williamson was primarily built before 1939 ( 31.84%), making the housing stock in Williamson some of the oldest overall in America, although there is a range of ages of homes in Williamson. The next most important housing age is between 1970-1999 ( 29.07%), followed by between 1940-1969 ( 26.03%). There's also some housing in Williamson built between 2000 and later ( 13.06%).
Williamson's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Williamson during the period has been just 5.33%, which is lower than 70% of US communities.
Over the last year, Williamson appreciation rates have trailed the rest of the nation. In the last twelve months, Williamson's appreciation rate has been 4.45%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Williamson were at 5.43%, which equates to an annual appreciation rate of 23.57%.
Importantly, this makes Williamson one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to New York, our data show that Williamson's latest annual appreciation rate is lower than 70% of the other cities and towns in New York.
$187,995
for New york
for nation
1,041
$1,390 / per month