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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Amsterdam, 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 Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

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

Amsterdam, NY Housing Market Trends

With a population of 18,244, 7,467 total housing units (homes and apartments), and a median house value of $153,120, house prices in Amsterdam are some of the most affordable in New York as well as the nation.

Duplexes, homes converted to apartments or other small apartment buildings are the single most common housing type in Amsterdam, accounting for 51.30% of the city's housing units. Other types of housing that are prevalent in Amsterdam include single-family detached homes ( 36.92%), large apartment complexes or high rise apartments ( 9.57%), and a few row houses and other attached homes ( 2.21%). This particular housing mix is relatively uncommon and characteristic of cities that are compact and walkable, and which often have a lively downtown.

The most prevalent building size and type in Amsterdam are three and four bedroom dwellings. The city has a mixture of owners and renters, with 47.97% owning and 52.03% renting.

The housing in Amsterdam was primarily built before 1939 ( 53.14%), making the housing stock in Amsterdam some of the oldest overall in America, although there is a range of ages of homes in Amsterdam. The next most important housing age is between 1940-1969 ( 29.45%), followed by between 1970-1999 ( 15.98%). There's also some housing in Amsterdam built between 2000 and later ( 1.43%).

Vacant housing appears to be an issue in Amsterdam. Fully 19.00% of the housing stock is classified as vacant. Left unchecked, vacant Amsterdam homes and apartments can be a drag on the real estate market, holding Amsterdam 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.

Amsterdam Home Appreciation Rates

Real estate appreciation rates in Amsterdam's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.98% during the period.

Appreciation rates are so strong in Amsterdam that despite a nationwide downturn in the housing market, Amsterdam real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Amsterdam appreciation rates continue to be some of the highest in America, at 13.22%, which is higher than appreciation rates in 95.75% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Amsterdam. Amsterdam appreciation rates in the latest quarter were at -2.87%, which equates to an annual appreciation rate of -11.00%.

Notably, Amsterdam's appreciation rate in the latest quarter is one of the lowest in America.

Relative to New York, our data show that Amsterdam's latest annual appreciation rate is higher than 90% of the other cities and towns in New York.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Amsterdam differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Amsterdam - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Amsterdam real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$153,120

Amsterdam, NY Home Prices
> $1,439,000
$1,079,001 - $1,439,000
$719,001 - $1,079,000
$576,001 - $719,000
$431,001 - $576,000
$287,001 - $431,000
$144,001 - $287,000
$72,001 - $144,000
$0 - $72,000
0.0%
0.0%
0.3%
0.3%
0.8%
0.8%
1.0%
1.0%
0.6%
0.6%
7.5%
7.5%
41.6%
41.6%
40.1%
40.1%
8.2%
8.2%
0% 100.0%
% of Homes
Very Low

for New york

Very Low

for nation

Number of Homes And Apartments:

7,467

Amsterdam Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,366 / per month

Homeownership Rate

Owners
Renters
48.0%
48.0%
52.0%
52.0%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
19.0%
19.0%
81.0%
81.0%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
1.4%
1.4%
16.0%
16.0%
29.5%
29.5%
53.1%
53.1%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
36.9%
36.9%
2.2%
2.2%
51.3%
51.3%
9.6%
9.6%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.7%
1.7%
9.0%
9.0%
32.5%
32.5%
38.3%
38.3%
13.1%
13.1%
5.2%
5.2%
0% 100.0%
% of Homes