Dallastown, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Dallastown Neighborhoods Since 2000




Dallastown, 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

Dallastown Housing Market Information

With 4,017 people, 1,592 houses or apartments, and a median cost of homes of $129,503, 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 49.07% of the borough's housing units. Other types of housing that are prevalent in Dallastown include row houses and other attached homes ( 18.16%), large apartment complexes or high rise apartments ( 17.68%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 15.09%).

The most prevalent building size and type in Dallastown are three and four bedroom dwellings, chiefly found in single-family detached homes. The borough has a mixture of owners and renters, with 53.88% owning and 46.12% renting.

The housing in Dallastown was primarily built before 1939 ( 40.89%), making the housing stock in Dallastown some of the oldest overall in America, although there is a range of ages of homes in Dallastown. The next most important housing age is between 1970-1999 ( 36.80%), followed by between 1940-1969 ( 21.23%). There's also some housing in Dallastown built between 2000 and later ( 1.08%).

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 -1.18%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Dallastown's appreciation rate, at 5.29%, has been at or slightly above the national average. In the latest quarter, Dallastown's appreciation rate has been 2.73%, which annualizes to a rate of 11.40%.

Importantly, this makes Dallastown one of the highest appreciating communities in the nation for the latest quarter, and may signal the borough's near-future real estate investment strength.

Relative to Pennsylvania, our data show that Dallastown's latest annual appreciation rate is higher than 80% of the other cities and towns in Pennsylvania.

Average Home Values

 

Median Home Value:
$129,503

Dallastown, PA HOME PRICES

Value Range
> $1,046,000 0.0
$784,001 - $1,046,000 0.0
$523,001 - $784,000 0.0
$418,001 - $523,000 0.0
$313,001 - $418,000 3.0
$209,001 - $313,000 9.4
$104,001 - $209,000 57.0
$52,001 - $104,000 29.5
$0 - $52,000 1.1

Average for PA
Low for Nation

Value Relative to Nation Value Relative to State
60.1253955232626 56.231884057971

Number Of Homes And Apartments:
1,592

Dallastown 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
29.81% 1.52% 2 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$961 / per month

Homeownership Rate

Homeownership
Owners 53.88
Renters 46.12
Vacant 4.27

Housing Market Details

 

Age of Homes

AGE OF Dallastown HOMES
2000 or Newer 1.1
1970 - 1999 36.8
1940 - 1969 21.2
1939 or Older 40.9

Types of Homes

TYPE OF Dallastown HOMES
Single-Family 49.1
Townhomes 18.2
Small Apt. Buildings 15.1
Apt. Complexes 17.7
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Dallastown HOMES
No Bedroom 3.25
1 Bedroom 9.74
2 Bedrooms 28.80
3 Bedrooms 39.63
4 Bedrooms 16.96
5 or more bedrooms 1.62