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
With 10,460 people, 1,224 houses or apartments, and a median cost of homes of $75,506, house prices in Coal Township are some of the most affordable in Pennsylvania as well as the nation.
Single-family detached homes are the single most common housing type in Coal Township, accounting for 55.42% of the town's housing units. Other types of housing that are prevalent in Coal Township include row houses and other attached homes ( 34.24%), large apartment complexes or high rise apartments ( 4.65%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.58%).
The most prevalent building size and type in Coal Township are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 49.74% owning and 50.26% renting.
The housing in Coal Township was primarily built before 1939 ( 58.08%), making the housing stock in Coal Township some of the oldest overall in America, although there is a range of ages of homes in Coal Township. The next most important housing age is between 1940-1969 ( 25.45%), followed by between 1970-1999 ( 14.67%). There's also some housing in Coal Township built between 2000 and later ( 1.81%).
Vacant housing appears to be an issue in Coal Township. Fully 17.25% of the housing stock is classified as vacant. Left unchecked, vacant Coal Township homes and apartments can be a drag on the real estate market, holding Coal Township 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.
In the last 10 years, Coal Township has experienced some of the highest home appreciation rates of any community in the nation. Coal Township real estate appreciated 17.07% over the last ten years, which is an average annual home appreciation rate of 1.59%, putting Coal Township in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Coal Township definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Over the last year, Coal Township appreciation rates have trailed the rest of the nation. In the last twelve months, Coal Township's appreciation rate has been 2.69%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Coal Township were at -1.59%, which equates to an annual appreciation rate of -6.20%.
Notably, Coal Township's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Pennsylvania, our data show that Coal Township's latest annual appreciation rate is higher than 60% of the other cities and towns in Pennsylvania.
|$790,001 - $1,053,000||0.0|
|$527,001 - $790,000||0.4|
|$421,001 - $527,000||0.0|
|$316,001 - $421,000||2.7|
|$211,001 - $316,000||4.0|
|$105,001 - $211,000||16.1|
|$53,001 - $105,000||37.2|
|$0 - $53,000||39.1|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Coal Township HOMES|
|2000 or Newer||1.8|
|1970 - 1999||14.7|
|1940 - 1969||25.4|
|1939 or Older||58.1|
|TYPE OF Coal Township HOMES|
|Small Apt. Buildings||4.6|
|SIZE OF Coal Township HOMES|
|5 or more bedrooms||3.24|