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 8,328, 3,688 total housing units (homes and apartments), and a median house value of $486,485, Winooski real estate prices are well above average cost compared to national prices.
Large apartment complexes or high rise apartments are the single most common housing type in Winooski, accounting for 39.28% of the city's housing units. Other types of housing that are prevalent in Winooski include duplexes, homes converted to apartments or other small apartment buildings ( 33.73%), single-family detached homes ( 24.23%), and a few row houses and other attached homes ( 2.72%). This particular housing mix is relatively uncommon and characteristic of cities that are compact and walkable, and which often have a lively downtown.
People in Winooski primarily live in small (one, two or no bedroom) units, chiefly found in large apartment complexes or high rise apartments. Winooski has a mixture of owner-occupied and renter-occupied housing.
The housing in Winooski was primarily built before 1939 ( 37.24%), making the housing stock in Winooski some of the oldest overall in America, although there is a range of ages of homes in Winooski. The next most important housing age is between 1970-1999 ( 27.17%), followed by between 2000 and later ( 20.47%). There's also some housing in Winooski built between 1940-1969 ( 15.13%).
Appreciation rates for homes in Winooski have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 89.47%, which ranks in the top 50% nationwide. This equates to an annual average Winooski house appreciation rate of 6.60%.
NeighborhoodScout's data show that during the latest twelve months, Winooski's appreciation rate, at 5.65%, has been at or slightly above the national average. In the latest quarter, Winooski's appreciation rate has been 6.48%, which annualizes to a rate of 28.55%.
Importantly, this makes Winooski one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to Vermont, our data show that Winooski's latest annual appreciation rate is lower than 80% of the other cities and towns in Vermont.
$486,485
for Vermont
for nation
3,688
$2,719 / per month