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 12,126 people, 4,364 houses or apartments, and a median cost of homes of $606,516, real estate costs in Stony Point are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive New York communities.
Single-family detached homes are the single most common housing type in Stony Point, accounting for 79.96% of the town's housing units. Other types of housing that are prevalent in Stony Point include mobile homes or trailers ( 8.75%), duplexes, homes converted to apartments or other small apartment buildings ( 5.53%), and a few large apartment complexes or high rise apartments ( 3.29%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Stony Point. Owner-occupied housing accounts for 87.06% of Stony Point's homes, and 62.04% 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. Stony Point's housing was primarily built during this period, from the '40s through the '60s. A full 39.95% of the town's housing hails from this era. Other housing ages represented in Stony Point include homes built between 1970-1999 ( 38.52%) and housing constructed between 2000 and later ( 13.88%). There's also some housing in Stony Point built before 1939 ( 7.65%).
Real estate appreciation rates in Stony Point's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.76% during the period.
NeighborhoodScout's data show that during the latest twelve months, Stony Point's appreciation rate, at 10.04%, has been at or slightly above the national average. In the latest quarter, Stony Point's appreciation rate has been 4.02%, which annualizes to a rate of 17.08%.
Relative to New York, our data show that Stony Point's latest annual appreciation rate is lower than 60% of the other cities and towns in New York.
$606,516
for New york
for nation
4,364
$3,458 / per month