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 5,877 people, 2,642 houses or apartments, and a median cost of homes of $155,590, Dickson City 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 Dickson City, accounting for 61.81% of the borough's housing units. Other types of housing that are prevalent in Dickson City include duplexes, homes converted to apartments or other small apartment buildings ( 26.57%), large apartment complexes or high rise apartments ( 6.01%), and a few row houses and other attached homes ( 5.61%).
The most prevalent building size and type in Dickson City are three and four bedroom dwellings, chiefly found in single-family detached homes. The borough has a mixture of owners and renters, with 63.04% owning and 36.96% renting.
The housing in Dickson City was primarily built before 1939 ( 36.93%), making the housing stock in Dickson City some of the oldest overall in America, although there is a range of ages of homes in Dickson City. The next most important housing age is between 1940-1969 ( 32.85%), followed by between 1970-1999 ( 24.44%). There's also some housing in Dickson City built between 2000 and later ( 5.78%).
Vacant housing appears to be an issue in Dickson City. Fully 12.26% of the housing stock is classified as vacant. Left unchecked, vacant Dickson City homes and apartments can be a drag on the real estate market, holding Dickson City 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.
Real estate appreciation rates in Dickson City's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.01% during the period.
NeighborhoodScout's data show that during the latest twelve months, Dickson City's appreciation rate, at 5.53%, has been at or slightly above the national average. In the latest quarter, Dickson City's appreciation rate has been 2.13%, which annualizes to a rate of 8.80%.
Importantly, this makes Dickson City 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 Dickson City's latest annual appreciation rate is higher than 80% of the other cities and towns in Pennsylvania.
|$771,001 - $1,028,000||0.0|
|$514,001 - $771,000||0.0|
|$411,001 - $514,000||0.5|
|$308,001 - $411,000||6.8|
|$205,001 - $308,000||14.5|
|$103,001 - $205,000||47.9|
|$52,001 - $103,000||26.5|
|$0 - $52,000||3.0|
|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 Dickson City HOMES|
|2000 or Newer||5.8|
|1970 - 1999||24.4|
|1940 - 1969||32.8|
|1939 or Older||36.9|
|TYPE OF Dickson City HOMES|
|Small Apt. Buildings||26.6|
|SIZE OF Dickson City HOMES|
|5 or more bedrooms||2.66|