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 6,809, 3,270 total housing units (homes and apartments), and a median house value of $176,659, house prices in Seneca Falls are solidly below the national average.
Single-family detached homes are the single most common housing type in Seneca Falls, accounting for 59.18% of the town's housing units. Other types of housing that are prevalent in Seneca Falls include duplexes, homes converted to apartments or other small apartment buildings ( 23.64%), large apartment complexes or high rise apartments ( 12.61%), and a few mobile homes or trailers ( 3.01%).
The most prevalent building size and type in Seneca Falls are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 62.42% owning and 37.58% renting.
The housing in Seneca Falls was primarily built before 1939 ( 47.90%), making the housing stock in Seneca Falls some of the oldest overall in America, although there is a range of ages of homes in Seneca Falls. The next most important housing age is between 1940-1969 ( 31.72%), followed by between 1970-1999 ( 14.96%). There's also some housing in Seneca Falls built between 2000 and later ( 5.42%).
Seneca Falls's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Seneca Falls during the period has been just 4.81%, which is lower than 80% of US communities.
Over the last year, Seneca Falls appreciation rates have trailed the rest of the nation. In the last twelve months, Seneca Falls's appreciation rate has been 4.42%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Seneca Falls were at -2.87%, which equates to an annual appreciation rate of -11.00%.
Notably, Seneca Falls's appreciation rate in the latest quarter is one of the lowest in America.
Relative to New York, our data show that Seneca Falls's latest annual appreciation rate is lower than 70% of the other cities and towns in New York.
$176,659
for New york
for nation
3,270
$1,230 / per month