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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Dallastown, PA Real Estate Market

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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Dallastown, PA Housing Market Trends

With a population of 4,176, 1,748 total housing units (homes and apartments), and a median house value of $202,992, house prices in Dallastown are solidly below the national average.

Single-family detached homes are the single most common housing type in Dallastown, accounting for 42.18% of the borough's housing units. Other types of housing that are prevalent in Dallastown include row houses and other attached homes ( 24.67%), large apartment complexes or high rise apartments ( 22.26%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.26%).

People in Dallastown primarily live in small (one, two or no bedroom) single-family detached homes. Dallastown has a mixture of owner-occupied and renter-occupied housing.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Dallastown's housing was primarily built during this period, from the '40s through the '60s. A full 37.91% of the borough's housing hails from this era. Other housing ages represented in Dallastown include homes built between 1970-1999 ( 33.37%) and housing constructed before 1939 ( 27.71%). There's also some housing in Dallastown built between 2000 and later ( 1.01%).

Dallastown Home Appreciation Rates

Dallastown's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Dallastown during the period has been just 5.26%, which is lower than 70% of US communities.

Appreciation rates are so strong in Dallastown that despite a nationwide downturn in the housing market, Dallastown real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Dallastown appreciation rates continue to be some of the highest in America, at 7.27%, which is higher than appreciation rates in 76.58% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Dallastown. Dallastown appreciation rates in the latest quarter were at 1.61%, which equates to an annual appreciation rate of 6.58%.

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

Average Home Values

Median Home Value

$202,992

Dallastown, PA Home Prices
> $1,268,000
$951,001 - $1,268,000
$634,001 - $951,000
$507,001 - $634,000
$380,001 - $507,000
$254,001 - $380,000
$127,001 - $254,000
$63,001 - $127,000
$0 - $63,000
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.3%
0.3%
27.6%
27.6%
55.9%
55.9%
14.0%
14.0%
2.2%
2.2%
0% 100.0%
% of Homes
Low

for Pennsylvania

Low

for nation

Number of Homes And Apartments:

1,748

Dallastown Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,516 / per month

Homeownership Rate

Owners
Renters
46.6%
46.6%
53.4%
53.4%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
6.7%
6.7%
93.3%
93.3%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
1.0%
1.0%
33.4%
33.4%
37.9%
37.9%
27.7%
27.7%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
42.2%
42.2%
24.7%
24.7%
7.3%
7.3%
22.3%
22.3%
3.6%
3.6%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
15.5%
15.5%
39.3%
39.3%
33.9%
33.9%
6.8%
6.8%
4.4%
4.4%
0% 100.0%
% of Homes