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 8,176, 2,537 total housing units (homes and apartments), and a median house value of $1,204,838, Manhasset house prices are not only among the most expensive in New York, Manhasset 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 Manhasset, accounting for 70.94% of the town's housing units. Other types of housing that are prevalent in Manhasset include large apartment complexes or high rise apartments ( 15.18%), duplexes, homes converted to apartments or other small apartment buildings ( 8.15%), and a few row houses and other attached homes ( 5.02%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Manhasset. Owner-occupied housing accounts for 71.26% of Manhasset's homes, and 65.34% have either three or four bedrooms, which is average sized relative to America.
The housing in Manhasset was primarily built before 1939 ( 49.23%), making the housing stock in Manhasset some of the oldest overall in America, although there is a range of ages of homes in Manhasset. The next most important housing age is between 1940-1969 ( 29.03%), followed by between 1970-1999 ( 14.64%). There's also some housing in Manhasset built between 2000 and later ( 7.10%).
Real estate appreciation rates in Manhasset's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.43% during the period.
NeighborhoodScout's data show that during the latest twelve months, Manhasset's appreciation rate, at 11.47%, has been at or slightly above the national average. In the latest quarter, Manhasset's appreciation rate has been 4.53%, which annualizes to a rate of 19.41%.
Importantly, this makes Manhasset one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to New York, our data show that Manhasset's latest annual appreciation rate is lower than 50% of the other cities and towns in New York.
$1,204,838
for New york
for nation
2,537
$3,607 / per month