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 20,901 people, 7,821 houses or apartments, and a median cost of homes of $1,035,693, Eastchester house prices are not only among the most expensive in New York, Eastchester real estate also is some of the most expensive in all of America.
Single-family detached homes are the single most common housing type in Eastchester, accounting for 51.62% of the town's housing units. Other types of housing that are prevalent in Eastchester include large apartment complexes or high rise apartments ( 33.85%), duplexes, homes converted to apartments or other small apartment buildings ( 12.24%), and a few row houses and other attached homes ( 2.29%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Eastchester. Owner-occupied housing accounts for 78.27% of Eastchester's homes, and 51.40% have either three or four bedrooms, which is average sized relative to America.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Eastchester's housing was primarily built during this period, from the '40s through the '60s. A full 56.75% of the town's housing hails from this era. Other housing ages represented in Eastchester include homes built before 1939 ( 30.08%) and housing constructed between 1970-1999 ( 9.92%). There's also some housing in Eastchester built between 2000 and later ( 3.25%).
Some of the lowest real estate appreciation rates in America over the last ten years have been in Eastchester, where house values have increased just 48.07%, which is annualized rate of 4.00%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
NeighborhoodScout's data show that during the latest twelve months, Eastchester's appreciation rate, at 7.80%, has been at or slightly above the national average. In the latest quarter, Eastchester's appreciation rate has been 2.82%, which annualizes to a rate of 11.77%.
Relative to New York, our data show that Eastchester's latest annual appreciation rate is higher than 60% 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 town. Individual neighborhoods within Eastchester differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Eastchester - 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 Eastchester real estate investment or home purchase decisions.
$1,035,693
for New york
for nation
7,821
$4,624 / per month