Denver, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Denver Neighborhoods Since 2000




Denver, 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

Denver Housing Market Information

With a population of 3,875, 1,501 total housing units (homes and apartments), and a median house value of $164,731, Denver 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 Denver, accounting for 46.19% of the borough's housing units. Other types of housing that are prevalent in Denver include row houses and other attached homes ( 37.77%), large apartment complexes or high rise apartments ( 9.87%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.16%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Denver. Owner-occupied housing accounts for 66.77% of Denver's homes, and 70.64% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Denver 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 Denver built between 1940-1969 ( 22.73%). A lesser amount of the housing stock also hails from before 1939 ( 22.53%). There's also some housing in Denver built between 2000 and later ( 11.53%).

Denver Home Appreciation Rates

Real estate appreciation rates in Denver's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.64% during the period.

Over the last year, Denver appreciation rates have trailed the rest of the nation. In the last twelve months, Denver's appreciation rate has been 2.31%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Denver were at 0.61%, which equates to an annual appreciation rate of 2.48%.

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

Average Home Values

 

Median Home Value:
$164,731

Denver, PA HOME PRICES

Value Range
> $1,039,000 0.9
$779,001 - $1,039,000 0.0
$520,001 - $779,000 0.0
$415,001 - $520,000 0.0
$312,001 - $415,000 2.7
$208,001 - $312,000 20.0
$104,001 - $208,000 67.0
$52,001 - $104,000 5.9
$0 - $52,000 3.6

High for PA
Average for Nation

Value Relative to Nation Value Relative to State
43.747802648541 36.231884057971

Number Of Homes And Apartments:
1,501

Denver 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
44.73% 2.17% 5 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,057 / per month

Homeownership Rate

Homeownership
Owners 66.77
Renters 33.23
Vacant 0.53

Housing Market Details

 

Age of Homes

AGE OF Denver HOMES
2000 or Newer 11.5
1970 - 1999 43.2
1940 - 1969 22.7
1939 or Older 22.5

Types of Homes

TYPE OF Denver HOMES
Single-Family 46.2
Townhomes 37.8
Small Apt. Buildings 6.2
Apt. Complexes 9.9
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Denver HOMES
No Bedroom 0.00
1 Bedroom 7.55
2 Bedrooms 18.42
3 Bedrooms 57.46
4 Bedrooms 13.19
5 or more bedrooms 3.38