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 8,137 people, 3,287 houses or apartments, and a median cost of homes of $439,626, Greenfield Center real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Greenfield Center, accounting for 74.65% of the town's housing units. Other types of housing that are prevalent in Greenfield Center include mobile homes or trailers ( 13.42%), large apartment complexes or high rise apartments ( 7.53%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.87%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Greenfield Center. Owner-occupied housing accounts for 78.01% of Greenfield Center's homes, and 63.97% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Greenfield Center built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Greenfield Center built between 2000 and later ( 30.15%). A lesser amount of the housing stock also hails from before 1939 ( 11.64%). There's also some housing in Greenfield Center built between 1940-1969 ( 10.76%).
Vacant housing appears to be an issue in Greenfield Center. Fully 11.01% of the housing stock is classified as vacant. Left unchecked, vacant Greenfield Center homes and apartments can be a drag on the real estate market, holding Greenfield Center 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.
Real estate appreciation rates in Greenfield Center's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.94% during the period.
Over the last year, Greenfield Center appreciation rates have trailed the rest of the nation. In the last twelve months, Greenfield Center's appreciation rate has been 4.89%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Greenfield Center were at -0.27%, which equates to an annual appreciation rate of -1.07%.
Notably, Greenfield Center's appreciation rate in the latest quarter is one of the lowest in America.
Relative to New York, our data show that Greenfield Center's latest annual appreciation rate is lower than 70% of the other cities and towns in New York.
$439,626
for New york
for nation
3,287
$1,836 / per month