Bushkill, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Bushkill Neighborhoods Since 2000




Bushkill, 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

Bushkill Housing Market Information

With a population of 10,422, 1,800 total housing units (homes and apartments), and a median house value of $161,288, Bushkill real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Bushkill, accounting for 90.79% of the town's housing units. Other types of housing that are prevalent in Bushkill include row houses and other attached homes ( 5.87%), large apartment complexes or high rise apartments ( 1.40%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.39%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Bushkill. Owner-occupied housing accounts for 82.45% of Bushkill's homes, and 80.98% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Bushkill built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Bushkill built between 2000 and later ( 28.53%). A lesser amount of the housing stock also hails from between 1940-1969 ( 3.74%). There's also some housing in Bushkill built before 1939 ( 3.58%).

A decent proportion of the Bushkill housing stock is seasonally occupied. That is, homes and condos in Bushkill are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. This characteristic of the Bushkill housing market speaks to its popularity as a vacation location of choice.

Bushkill Home Appreciation Rates

Homes have actually lost value in Bushkill over the last then years, as home values have seen a decline of 19.82% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Bushkill home appreciation rates at 0.66%, which equates to an annual appreciation rate of 2.68%.

NeighborhoodScout's data show that during the latest twelve months, Bushkill's appreciation rate, at 3.43%, has been at or slightly above the national average. In the latest quarter, Bushkill's appreciation rate has been 0.66%, which annualizes to a rate of 2.68%.

Relative to Pennsylvania, our data show that Bushkill's latest annual appreciation rate is higher than 70% of the other cities and towns in Pennsylvania.

Average Home Values

 

Median Home Value:
$161,288

Bushkill, PA HOME PRICES

Value Range
> $1,081,000 0.0
$811,001 - $1,081,000 0.0
$541,001 - $811,000 0.0
$433,001 - $541,000 0.6
$325,001 - $433,000 1.7
$216,001 - $325,000 16.1
$108,001 - $216,000 52.1
$54,001 - $108,000 23.5
$0 - $54,000 6.0

High for PA
Average for Nation

Value Relative to Nation Value Relative to State
45.1013711473104 38.5507246376812

Number Of Homes And Apartments:
1,800

Bushkill 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
49.44% 2.36% 7 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,196 / per month

Homeownership Rate

Homeownership
Owners 82.45
Renters 17.55
Vacant 45.34

Housing Market Details

 

Age of Homes

AGE OF Bushkill HOMES
2000 or Newer 28.5
1970 - 1999 64.1
1940 - 1969 3.7
1939 or Older 3.6

Types of Homes

TYPE OF Bushkill HOMES
Single-Family 90.8
Townhomes 5.9
Small Apt. Buildings 1.4
Apt. Complexes 1.4
Mobile Homes 0.5
Other 0.0

Home Size

SIZE OF Bushkill HOMES
No Bedroom 0.85
1 Bedroom 1.44
2 Bedrooms 14.41
3 Bedrooms 57.11
4 Bedrooms 23.88
5 or more bedrooms 2.31