Duncansville, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Duncansville Neighborhoods Since 2000




Duncansville, 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

Duncansville Housing Market Information

With 1,204 people, 602 houses or apartments, and a median cost of homes of $167,535, Duncansville 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 Duncansville, accounting for 58.18% of the borough's housing units. Other types of housing that are prevalent in Duncansville include large apartment complexes or high rise apartments ( 23.74%), row houses and other attached homes ( 11.32%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.76%).

The most prevalent building size and type in Duncansville are three and four bedroom dwellings, chiefly found in single-family detached homes. The borough has a mixture of owners and renters, with 59.30% owning and 40.70% renting.

There is a lot of housing in Duncansville 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 Duncansville built between 1940-1969 ( 30.97%). A lesser amount of the housing stock also hails from before 1939 ( 26.89%). There's also some housing in Duncansville built between 2000 and later ( 2.99%).

Duncansville Home Appreciation Rates

In the last 10 years, Duncansville has experienced some of the highest home appreciation rates of any community in the nation. Duncansville real estate appreciated 17.29% over the last ten years, which is an average annual home appreciation rate of 1.61%, putting Duncansville in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Duncansville 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, Duncansville appreciation rates have trailed the rest of the nation. In the last twelve months, Duncansville's appreciation rate has been 1.85%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Duncansville were at 1.07%, which equates to an annual appreciation rate of 4.36%.

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

Average Home Values

 

Median Home Value:
$167,535

Duncansville, PA HOME PRICES

Value Range
> $1,055,000 2.6
$791,001 - $1,055,000 0.0
$528,001 - $791,000 1.5
$422,001 - $528,000 0.9
$317,001 - $422,000 4.3
$211,001 - $317,000 25.3
$105,001 - $211,000 35.0
$53,001 - $105,000 21.2
$0 - $53,000 9.1

High for PA
Average for Nation

Value Relative to Nation Value Relative to State
42.6227587015118 34.5893719806763

Number Of Homes And Apartments:
602

Duncansville 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
57.28% 2.66% 8 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$958 / per month

Homeownership Rate

Homeownership
Owners 59.30
Renters 40.70
Vacant 5.35

Housing Market Details

 

Age of Homes

AGE OF Duncansville HOMES
2000 or Newer 3.0
1970 - 1999 39.2
1940 - 1969 31.0
1939 or Older 26.9

Types of Homes

TYPE OF Duncansville HOMES
Single-Family 58.2
Townhomes 11.3
Small Apt. Buildings 6.8
Apt. Complexes 23.7
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Duncansville HOMES
No Bedroom 3.14
1 Bedroom 15.09
2 Bedrooms 28.62
3 Bedrooms 44.81
4 Bedrooms 7.86
5 or more bedrooms 0.47