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 3,250 people, 1,339 houses or apartments, and a median cost of homes of $209,053, house prices in Ticonderoga are solidly below the national average.
Single-family detached homes are the single most common housing type in Ticonderoga, accounting for 71.60% of the town's housing units. Other types of housing that are prevalent in Ticonderoga include duplexes, homes converted to apartments or other small apartment buildings ( 15.66%), large apartment complexes or high rise apartments ( 11.12%), and a few mobile homes or trailers ( 1.62%).
The most prevalent building size and type in Ticonderoga are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 59.02% owning and 40.98% renting.
The housing in Ticonderoga was primarily built before 1939 ( 46.30%), making the housing stock in Ticonderoga some of the oldest overall in America, although there is a range of ages of homes in Ticonderoga. The next most important housing age is between 1940-1969 ( 20.70%), followed by between 2000 and later ( 18.02%). There's also some housing in Ticonderoga built between 1970-1999 ( 14.98%).
Vacant housing appears to be an issue in Ticonderoga. Fully 16.78% of the housing stock is classified as vacant. Left unchecked, vacant Ticonderoga homes and apartments can be a drag on the real estate market, holding Ticonderoga 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 Ticonderoga's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.76% during the period.
NeighborhoodScout's data show that during the latest twelve months, Ticonderoga's appreciation rate, at 5.99%, has been at or slightly above the national average. In the latest quarter, Ticonderoga's appreciation rate has been -2.87%, which annualizes to a rate of -11.00%.
Notably, Ticonderoga's appreciation rate in the latest quarter is one of the lowest in America.
Relative to New York, our data show that Ticonderoga's latest annual appreciation rate is lower than 60% of the other cities and towns in New York.
$209,053
for New york
for nation
1,339
$1,320 / per month