Westmoreland Depot, Troy, ME

Westmoreland Depot Neighborhood Overview

Neighborhood Overview

Westmoreland Depot, often simply called "The Depot," is a historic and architecturally rich residential neighborhood located on the eastern edge of Troy, New York. It is bounded roughly by Pawling Avenue to the north, Oakwood Avenue to the south, and sits just east of the bustling Hoosick Street commercial corridor. The neighborhood's identity is deeply rooted in its late 19th and early 20th-century origins, when it developed as a streetcar suburb for Troy's prosperous industrial and professional class. This legacy is evident in its meticulously preserved streetscapes, characterized by mature trees, wide sidewalks, and a cohesive collection of American architectural styles.

The area's name derives from the Westmoreland family, early landowners, and the "Depot" refers to the long-gone trolley station that once served the line running along Spring Avenue. Today, Westmoreland Depot is prized for its serene, village-like atmosphere within city limits, offering a sense of seclusion while remaining minutes from downtown Troy, Rensselaer Polytechnic Institute (RPI), and the Emma Willard School. Its elevated position provides picturesque views of the Hudson Valley, contributing to its enduring appeal as one of Troy's most desirable and stable residential enclaves.

Housing & Real Estate

The housing stock in Westmoreland Depot is predominantly comprised of single-family homes showcasing classic American architectural styles, including Queen Anne, Colonial Revival, Tudor Revival, and Craftsman bungalows. These homes, typically built between 1880 and 1930, feature quality construction details such as hardwood floors, stained glass, built-in cabinetry, and expansive front porches. Lot sizes are generous for an urban neighborhood, with deep, landscaped yards that enhance the area's park-like feel. The median home value of $267,800 reflects a premium for this historic charm and location, with prices ranging from approximately $200,000 for a well-maintained smaller bungalow to over $400,000 for larger, meticulously restored estates.

Westmoreland Depot has a high rate of homeownership, with a strong owner-occupant culture that fosters neighborhood pride and stability. The rental market is limited, consisting mainly of accessory units or the occasional multi-family conversion of larger homes. Recent trends show consistent demand, with homes receiving multiple offers when priced correctly, particularly from professionals, academics, and empty-nesters drawn to the area's character and convenience. Property values have shown resilient, steady appreciation, outperforming many other areas of the Capital Region due to the neighborhood's limited inventory and timeless appeal.

Lifestyle & Amenities

Residents enjoy a lifestyle that balances quiet residential living with convenient access to amenities. While the Depot itself is primarily residential, its perimeter along Pawling and Oakwood Avenues hosts essential services, cafes, and local shops. The nearby Hoosick Street corridor provides big-box retailers and supermarkets for everyday needs. For dining and entertainment, downtown Troy's vibrant restaurant scene, farmers market, and Troy Savings Bank Music Hall are just a short drive or bus ride away. The neighborhood association organizes seasonal events, fostering a strong community spirit.

Walkability is a key feature, with a high "Walk Score" due to grid-like streets, sidewalks, and proximity to Frear Park, a 277-acre municipal park offering golf, tennis, walking trails, and playgrounds. The neighborhood is also served by CDTA bus lines along major arteries, providing public transit to downtown Troy, Albany, and beyond. For commuters, easy access to Route 7 and I-787 simplifies travel to Albany, the Rensselaer Tech Park, and other regional employment centers. The combination of peaceful streets for evening strolls and quick connectivity defines the Depot's lifestyle appeal.

Schools & Education

Westmoreland Depot is situated within the Enlarged City School District of Troy. Students typically attend School 12 for elementary grades, which serves the eastern portion of the city. For middle and high school, students move on to Troy Middle School and Troy High School. Troy High offers International Baccalaureate (IB) and Advanced Placement (AP) programs, providing rigorous academic options. The district presents a mix of opportunities and challenges common to urban districts, with many Depot families actively engaged in their children's schools.

The neighborhood's proximity to several prestigious private institutions significantly enhances its educational landscape. The world-renowned Emma Willard School, an independent college-preparatory boarding and day school for young women, is literally steps from the neighborhood's southern border. The La Salle Institute, a private Catholic college-preparatory school for boys, is also nearby. Furthermore, the presence of Rensselaer Polytechnic Institute (RPI) just to the west adds an atmosphere of academic excellence and provides cultural and lecture series opportunities for residents.

Community & Demographics

Westmoreland Depot is characterized by a stable, educated, and relatively affluent community, as indicated by its median household income of $86,042, which is above the Troy and regional averages. The population is predominantly white-collar, including professors, engineers, healthcare professionals, and local business owners. A significant number of residents have ties to the nearby academic institutions—RPI, Emma Willard, and Sage Colleges—creating a community that values education, historic preservation, and civic engagement.

The age distribution tends toward established professionals, empty-nesters, and young families attracted by the safe, quiet streets and park access. The neighborhood maintains an active community association, which serves as a steward for the area's historic character and organizes social events, creating strong neighborly bonds. This results in a low turnover rate and a palpable sense of pride of place. Demographically, the neighborhood is less diverse than the city of Troy as a whole, reflecting its historical development and current housing market.

Real Estate Market Insights

Westmoreland Depot represents a prime "bedrock" investment within the Troy market. Its consistent demand and limited inventory create a stable environment with low volatility and reliable, long-term appreciation. For real estate professionals, the neighborhood is a key area for clients seeking move-in ready historic homes with modern updates in a top-tier Troy location. The market dynamics typically favor sellers due to constrained supply, but the premium price point necessitates accurate, data-driven valuations and sophisticated marketing that highlights architectural details and lifestyle benefits.

The neighborhood's significance extends beyond its borders; it serves as a bellwether for Troy's overall real estate health. Strong values in the Depot support city-wide assessments and attract buyers who might otherwise look to the suburbs. Investment potential exists in the careful restoration of properties that have not yet been updated, though strict historic district guidelines (

Westmoreland Depot Market Data

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