Brookville, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Brookville Neighborhoods Since 2000




Brookville, PA Real Estate Data

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Brookville Housing Market Information

With 3,868 people, 1,803 houses or apartments, and a median cost of homes of $93,911, house prices in Brookville are solidly below the national average.

Single-family detached homes are the single most common housing type in Brookville, accounting for 70.60% of the borough's housing units. Other types of housing that are prevalent in Brookville include duplexes, homes converted to apartments or other small apartment buildings ( 16.23%), large apartment complexes or high rise apartments ( 7.22%), and a few row houses and other attached homes ( 3.32%).

The most prevalent building size and type in Brookville are three and four bedroom dwellings, chiefly found in single-family detached homes. The borough has a mixture of owners and renters, with 61.85% owning and 38.15% renting.

The housing in Brookville was primarily built before 1939 ( 41.89%), making the housing stock in Brookville some of the oldest overall in America, although there is a range of ages of homes in Brookville. The next most important housing age is between 1940-1969 ( 28.13%), followed by between 1970-1999 ( 24.45%). There's also some housing in Brookville built between 2000 and later ( 5.53%).

Brookville Home Appreciation Rates

Appreciation rates for homes in Brookville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 11.30%, which ranks in the top 30% nationwide. This equates to an annual average Brookville house appreciation rate of 1.08%.

Over the last year, Brookville appreciation rates have trailed the rest of the nation. In the last twelve months, Brookville's appreciation rate has been 1.73%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Brookville were at -1.59%, which equates to an annual appreciation rate of -6.20%.

Notably, Brookville's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Pennsylvania, our data show that Brookville's latest annual appreciation rate is lower than 50% of the other cities and towns in Pennsylvania.

Average Home Values

 

Median Home Value:
$93,911

Brookville, PA HOME PRICES

Value Range
> $1,038,000 0.3
$779,001 - $1,038,000 0.0
$520,001 - $779,000 0.3
$415,001 - $520,000 1.6
$312,001 - $415,000 2.1
$208,001 - $312,000 6.5
$104,001 - $208,000 36.0
$52,001 - $104,000 41.3
$0 - $52,000 11.8

Low for PA
Very Low for Nation

Value Relative to Nation Value Relative to State
81.4133364584554 79.8067632850241

Number Of Homes And Apartments:
1,803

Brookville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
PA*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
51.08% 2.42% 7 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$674 / per month

Homeownership Rate

Homeownership
Owners 61.85
Renters 38.15
Vacant 5.01

Housing Market Details

 

Age of Homes

AGE OF Brookville HOMES
2000 or Newer 5.5
1970 - 1999 24.4
1940 - 1969 28.1
1939 or Older 41.9

Types of Homes

TYPE OF Brookville HOMES
Single-Family 70.6
Townhomes 3.3
Small Apt. Buildings 16.2
Apt. Complexes 7.2
Mobile Homes 2.6
Other 0.0

Home Size

SIZE OF Brookville HOMES
No Bedroom 1.32
1 Bedroom 14.23
2 Bedrooms 22.97
3 Bedrooms 43.05
4 Bedrooms 17.07
5 or more bedrooms 1.37