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 1,595, 725 total housing units (homes and apartments), and a median house value of $320,884, Athens real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Athens, accounting for 67.72% of the village's housing units. Other types of housing that are prevalent in Athens include duplexes, homes converted to apartments or other small apartment buildings ( 16.52%), large apartment complexes or high rise apartments ( 9.35%), and a few row houses and other attached homes ( 4.13%).
Dwellings in Athens tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 50.54% of the homes in Athens have two or fewer bedrooms.
The housing in Athens was primarily built before 1939 ( 47.72%), making the housing stock in Athens some of the oldest overall in America, although there is a range of ages of homes in Athens. The next most important housing age is between 1970-1999 ( 25.54%), followed by between 2000 and later ( 15.11%). There's also some housing in Athens built between 1940-1969 ( 11.63%).
Vacant housing appears to be an issue in Athens. Fully 21.20% of the housing stock is classified as vacant. Left unchecked, vacant Athens homes and apartments can be a drag on the real estate market, holding Athens 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.
Real estate appreciation rates in Athens's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.21% during the period.
Over the last year, Athens appreciation rates have trailed the rest of the nation. In the last twelve months, Athens's appreciation rate has been 4.48%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Athens were at -2.87%, which equates to an annual appreciation rate of -11.00%.
Notably, Athens's appreciation rate in the latest quarter is one of the lowest in America.
Relative to New York, our data show that Athens's latest annual appreciation rate is lower than 70% of the other cities and towns in New York.
$320,884
for New york
for nation
725
$1,879 / per month