Ebensburg, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Ebensburg Neighborhoods Since 2000




Ebensburg, 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

Ebensburg Housing Market Information

With a population of 3,203, 1,633 total housing units (homes and apartments), and a median house value of $133,587, house prices in Ebensburg are solidly below the national average.

Single-family detached homes are the single most common housing type in Ebensburg, accounting for 53.34% of the borough's housing units. Other types of housing that are prevalent in Ebensburg include large apartment complexes or high rise apartments ( 26.89%), duplexes, homes converted to apartments or other small apartment buildings ( 17.28%), and a few row houses and other attached homes ( 1.33%).

People in Ebensburg primarily live in small (one, two or no bedroom) single-family detached homes. Ebensburg has a mixture of owner-occupied and renter-occupied housing.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Ebensburg's housing was primarily built during this period, from the '40s through the '60s. A full 40.14% of the borough's housing hails from this era. Other housing ages represented in Ebensburg include homes built before 1939 ( 29.43%) and housing constructed between 1970-1999 ( 17.17%). There's also some housing in Ebensburg built between 2000 and later ( 13.25%).

Ebensburg Home Appreciation Rates

Appreciation rates for homes in Ebensburg have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 0.60%, which ranks in the top 50% nationwide. This equates to an annual average Ebensburg house appreciation rate of 0.06%.

NeighborhoodScout's data show that during the latest twelve months, Ebensburg's appreciation rate, at 3.20%, has been at or slightly above the national average. In the latest quarter, Ebensburg's appreciation rate has been 4.18%, which annualizes to a rate of 17.80%.

Importantly, this makes Ebensburg 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 Ebensburg's latest annual appreciation rate is higher than 60% of the other cities and towns in Pennsylvania.

Average Home Values

 

Median Home Value:
$133,587

Ebensburg, PA HOME PRICES

Value Range
> $1,069,000 0.0
$802,001 - $1,069,000 0.8
$534,001 - $802,000 0.0
$428,001 - $534,000 3.5
$321,001 - $428,000 1.8
$214,001 - $321,000 13.6
$107,001 - $214,000 53.8
$54,001 - $107,000 20.7
$0 - $54,000 5.8

Average for PA
Average for Nation

Value Relative to Nation Value Relative to State
57.9163248564397 54.0096618357488

Number Of Homes And Apartments:
1,633

Ebensburg 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
30.33% 1.55% 2 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$737 / per month

Homeownership Rate

Homeownership
Owners 51.46
Renters 48.54
Vacant 9.83

Housing Market Details

 

Age of Homes

AGE OF Ebensburg HOMES
2000 or Newer 13.3
1970 - 1999 17.2
1940 - 1969 40.1
1939 or Older 29.4

Types of Homes

TYPE OF Ebensburg HOMES
Single-Family 53.3
Townhomes 1.3
Small Apt. Buildings 17.3
Apt. Complexes 26.9
Mobile Homes 1.2
Other 0.0

Home Size

SIZE OF Ebensburg HOMES
No Bedroom 4.58
1 Bedroom 19.71
2 Bedrooms 26.17
3 Bedrooms 34.62
4 Bedrooms 8.45
5 or more bedrooms 6.46