East Stroudsburg, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating East Stroudsburg Neighborhoods Since 2000




East Stroudsburg, 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

East Stroudsburg Housing Market Information

With 10,140 people, 3,170 houses or apartments, and a median cost of homes of $120,272, house prices in East Stroudsburg are solidly below the national average.

Single-family detached homes are the single most common housing type in East Stroudsburg, accounting for 46.10% of the borough's housing units. Other types of housing that are prevalent in East Stroudsburg include duplexes, homes converted to apartments or other small apartment buildings ( 17.45%), large apartment complexes or high rise apartments ( 17.37%), and a few row houses and other attached homes ( 15.85%).

The most prevalent building size and type in East Stroudsburg are three and four bedroom dwellings, chiefly found in single-family detached homes. The borough has a mixture of owners and renters, with 43.97% owning and 56.03% renting.

There is a lot of housing in East Stroudsburg 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 East Stroudsburg built between 1940-1969 ( 28.54%). A lesser amount of the housing stock also hails from before 1939 ( 24.69%). There's also some housing in East Stroudsburg built between 2000 and later ( 10.21%).

Vacant housing appears to be an issue in East Stroudsburg. Fully 11.05% of the housing stock is classified as vacant. Left unchecked, vacant East Stroudsburg homes and apartments can be a drag on the real estate market, holding East Stroudsburg 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.

East Stroudsburg Home Appreciation Rates

Homes have actually lost value in East Stroudsburg over the last then years, as home values have seen a decline of 42.83% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows East Stroudsburg home appreciation rates at -0.11%, which equates to an annual appreciation rate of -0.43%.

Over the last year, East Stroudsburg appreciation rates have trailed the rest of the nation. In the last twelve months, East Stroudsburg's appreciation rate has been -4.90%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in East Stroudsburg were at -0.11%, which equates to an annual appreciation rate of -0.43%.

Relative to Pennsylvania, our data show that East Stroudsburg's latest annual appreciation rate is lower than 90% of the other cities and towns in Pennsylvania.

One very important thing to keep in mind is that these are average appreciation rates for the borough. Individual neighborhoods within East Stroudsburg differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in East Stroudsburg - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best East Stroudsburg real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$120,272

East Stroudsburg, PA HOME PRICES

Value Range
> $911,000 0.0
$683,001 - $911,000 0.0
$455,001 - $683,000 0.0
$364,001 - $455,000 2.2
$273,001 - $364,000 5.0
$182,001 - $273,000 21.0
$91,001 - $182,000 56.6
$46,001 - $91,000 9.8
$0 - $46,000 5.3

Low for PA
Low for Nation

Value Relative to Nation Value Relative to State
65.2437595218563 62.1256038647343

Number Of Homes And Apartments:
3,170

East Stroudsburg 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
-2.86% -0.17% 1 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,419 / per month

Homeownership Rate

Homeownership
Owners 43.97
Renters 56.03
Vacant 11.05

Housing Market Details

 

Age of Homes

AGE OF East Stroudsburg HOMES
2000 or Newer 10.2
1970 - 1999 36.6
1940 - 1969 28.5
1939 or Older 24.7

Types of Homes

TYPE OF East Stroudsburg HOMES
Single-Family 46.1
Townhomes 15.9
Small Apt. Buildings 17.5
Apt. Complexes 17.4
Mobile Homes 3.2
Other 0.0

Home Size

SIZE OF East Stroudsburg HOMES
No Bedroom 4.21
1 Bedroom 13.24
2 Bedrooms 28.84
3 Bedrooms 36.42
4 Bedrooms 15.29
5 or more bedrooms 1.99