Duncansville, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Duncansville Neighborhoods Since 2000




Duncansville, PA Real Estate Data


Duncansville Housing Market Information

With 1,204 people, 654 houses or apartments, and a median cost of homes of $166,305, 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 60.06% of the borough's housing units. Other types of housing that are prevalent in Duncansville include large apartment complexes or high rise apartments ( 21.01%), row houses and other attached homes ( 11.83%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.10%).

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 59.63% owning and 40.37% 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 ( 30.92%). A lesser amount of the housing stock also hails from before 1939 ( 28.40%). There's also some housing in Duncansville built between 2000 and later ( 2.96%).

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 18.80% over the last ten years, which is an average annual home appreciation rate of 1.74%, 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.

Appreciation rates are so strong in Duncansville that despite a nationwide downturn in the housing market, Duncansville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Duncansville appreciation rates continue to be some of the highest in America, at 6.22%, which is higher than appreciation rates in 77.06% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Duncansville. Duncansville appreciation rates in the latest quarter were at 2.82%, which equates to an annual appreciation rate of 11.75%.

Importantly, this makes Duncansville 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 Duncansville's latest annual appreciation rate is higher than 90% of the other cities and towns in Pennsylvania.

Average Home Values

 

Median Home Value:
$166,305

Duncansville, PA HOME PRICES

Value Range
> $1,104,000 2.9
$827,001 - $1,104,000 0.0
$552,001 - $827,000 1.6
$441,001 - $552,000 0.0
$331,001 - $441,000 4.3
$221,001 - $331,000 22.4
$110,001 - $221,000 37.2
$55,001 - $110,000 22.1
$0 - $55,000 9.5

High for PA
Average for Nation

Value Relative to Nation Value Relative to State
44.1763775838848 37.0048309178744

Number Of Homes And Apartments:
654

Rent & Ownership

 

Average Market Rent:
$824 / per month

Homeownership Rate

Homeownership
Owners 59.63
Renters 40.37
Vacant 3.25

Housing Market Details

 

Age of Homes

AGE OF Duncansville HOMES
2000 or Newer 3.0
1970 - 1999 37.7
1940 - 1969 30.9
1939 or Older 28.4

Types of Homes

TYPE OF Duncansville HOMES
Single-Family 60.1
Townhomes 11.8
Small Apt. Buildings 7.1
Apt. Complexes 21.0
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Duncansville HOMES
No Bedroom 2.51
1 Bedroom 14.94
2 Bedrooms 27.51
3 Bedrooms 46.89
4 Bedrooms 7.40
5 or more bedrooms 0.74

Duncansville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
PA*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
59.84% 2.80% 8 7
* 10 is highest