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 6,335 people, 2,220 houses or apartments, and a median cost of homes of $148,806, Edinboro 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 Edinboro, accounting for 48.93% of the borough's housing units. Other types of housing that are prevalent in Edinboro include large apartment complexes or high rise apartments ( 30.37%), duplexes, homes converted to apartments or other small apartment buildings ( 15.64%), and a few row houses and other attached homes ( 3.23%).
Renters dominate Edinboro's housing market, and most live in three of four bedroom dwellings, chiefly found in single-family detached homes.
There is a lot of housing in Edinboro 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 Edinboro built between 1940-1969 ( 25.27%). A lesser amount of the housing stock also hails from before 1939 ( 19.98%). There's also some housing in Edinboro built between 2000 and later ( 6.32%).
Vacant housing appears to be an issue in Edinboro. Fully 15.53% of the housing stock is classified as vacant. Left unchecked, vacant Edinboro homes and apartments can be a drag on the real estate market, holding Edinboro 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.
Appreciation rates for homes in Edinboro have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 6.21%, which ranks in the top 40% nationwide. This equates to an annual average Edinboro house appreciation rate of 0.60%.
Over the last year, Edinboro appreciation rates have trailed the rest of the nation. In the last twelve months, Edinboro's appreciation rate has been 1.18%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Edinboro were at -3.90%, which equates to an annual appreciation rate of -14.73%.
Notably, Edinboro's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Pennsylvania, our data show that Edinboro's latest annual appreciation rate is lower than 70% of the other cities and towns in Pennsylvania.
|$780,001 - $1,040,000||0.0|
|$520,001 - $780,000||0.0|
|$416,001 - $520,000||0.0|
|$312,001 - $416,000||2.2|
|$208,001 - $312,000||14.9|
|$104,001 - $208,000||60.6|
|$52,001 - $104,000||12.7|
|$0 - $52,000||8.0|
|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 Edinboro HOMES|
|2000 or Newer||6.3|
|1970 - 1999||48.4|
|1940 - 1969||25.3|
|1939 or Older||20.0|
|TYPE OF Edinboro HOMES|
|Small Apt. Buildings||15.6|
|SIZE OF Edinboro HOMES|
|5 or more bedrooms||3.50|