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 2,521 people, 1,512 houses or apartments, and a median cost of homes of $815,820, Woodstock house prices are not only among the most expensive in New York, Woodstock 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 Woodstock, accounting for 80.09% of the town's housing units. Other types of housing that are prevalent in Woodstock include duplexes, homes converted to apartments or other small apartment buildings ( 14.47%), large apartment complexes or high rise apartments ( 3.74%), and a few row houses and other attached homes ( 1.71%).
People in Woodstock primarily live in small (one, two or no bedroom) single-family detached homes. Woodstock has a mixture of owner-occupied and renter-occupied housing.
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. Woodstock's housing was primarily built during this period, from the '40s through the '60s. A full 47.58% of the town's housing hails from this era. Other housing ages represented in Woodstock include homes built before 1939 ( 21.56%) and housing constructed between 1970-1999 ( 18.81%). There's also some housing in Woodstock built between 2000 and later ( 12.05%).
Vacant housing appears to be an issue in Woodstock. Fully 16.83% of the housing stock is classified as vacant. Left unchecked, vacant Woodstock homes and apartments can be a drag on the real estate market, holding Woodstock 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.
In the last 10 years, Woodstock has experienced some of the highest home appreciation rates of any community in the nation. Woodstock real estate appreciated 160.57% over the last ten years, which is an average annual home appreciation rate of 10.05%, putting Woodstock in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Woodstock definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
NeighborhoodScout's data show that during the latest twelve months, Woodstock's appreciation rate, at 9.83%, has been at or slightly above the national average. In the latest quarter, Woodstock's appreciation rate has been 8.58%, which annualizes to a rate of 38.98%.
Importantly, this makes Woodstock 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 Woodstock's latest annual appreciation rate is lower than 60% of the other cities and towns in New York.
$815,820
for New york
for nation
1,512
$2,875 / per month