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 a population of 17,822, 5,523 total housing units (homes and apartments), and a median house value of $2,090,766, Scarsdale house prices are not only among the most expensive in New York, Scarsdale real estate also is some of the most expensive in all of America.
Scarsdale is a village of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Scarsdale than is found in 98% of the communities in America.
The large homes that make up Scarsdale are primarily owner-occupied ( 90.44%).
The housing in Scarsdale was primarily built before 1939 ( 48.24%), making the housing stock in Scarsdale some of the oldest overall in America, although there is a range of ages of homes in Scarsdale. The next most important housing age is between 1940-1969 ( 29.54%), followed by between 2000 and later ( 12.96%). There's also some housing in Scarsdale built between 1970-1999 ( 9.27%).
Scarsdale's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Scarsdale during the period has been just 4.29%, which is lower than 80% of US communities.
NeighborhoodScout's data show that during the latest twelve months, Scarsdale's appreciation rate, at 4.85%, has been at or slightly above the national average. In the latest quarter, Scarsdale's appreciation rate has been 0.41%, which annualizes to a rate of 1.66%.
Relative to New York, our data show that Scarsdale's latest annual appreciation rate is lower than 80% 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 village. Individual neighborhoods within Scarsdale differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Scarsdale - 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 Scarsdale real estate investment or home purchase decisions.
$2,090,766
for New york
for nation
5,523
$6,547 / per month