Enola, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Enola, 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

Enola Housing Market Information

With 6,397 people, 2,566 houses or apartments, and a median cost of homes of $133,899, house prices in Enola are solidly below the national average.

Single-family detached homes are the single most common housing type in Enola, accounting for 38.32% of the town's housing units. Other types of housing that are prevalent in Enola include row houses and other attached homes ( 29.11%), large apartment complexes or high rise apartments ( 18.86%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 12.00%).

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

There is a lot of housing in Enola 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 Enola built between 1940-1969 ( 28.25%). A lesser amount of the housing stock also hails from before 1939 ( 22.47%). There's also some housing in Enola built between 2000 and later ( 7.83%).

Enola Home Appreciation Rates

Real estate appreciation rates in Enola's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.34% during the period.

Over the last year, Enola appreciation rates have trailed the rest of the nation. In the last twelve months, Enola's appreciation rate has been 1.46%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Enola were at -0.92%, which equates to an annual appreciation rate of -3.65%.

Notably, Enola's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Pennsylvania, our data show that Enola's latest annual appreciation rate is lower than 60% of the other cities and towns in Pennsylvania.

Average Home Values

 

Median Home Value:
$133,899

Enola, PA HOME PRICES

Value Range
> $1,016,000 0.0
$762,001 - $1,016,000 0.0
$508,001 - $762,000 0.3
$406,001 - $508,000 0.4
$305,001 - $406,000 1.2
$203,001 - $305,000 10.4
$102,001 - $203,000 68.8
$51,001 - $102,000 16.3
$0 - $51,000 2.7

Average for PA
Average for Nation

Value Relative to Nation Value Relative to State
57.6819407008086 53.9130434782609

Number Of Homes And Apartments:
2,566

Enola 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
36.67% 1.83% 3 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,013 / per month

Homeownership Rate

Homeownership
Owners 50.63
Renters 49.37
Vacant 4.36

Housing Market Details

 

Age of Homes

AGE OF Enola HOMES
2000 or Newer 7.8
1970 - 1999 41.4
1940 - 1969 28.3
1939 or Older 22.5

Types of Homes

TYPE OF Enola HOMES
Single-Family 38.3
Townhomes 29.1
Small Apt. Buildings 12.0
Apt. Complexes 18.9
Mobile Homes 1.7
Other 0.0

Home Size

SIZE OF Enola HOMES
No Bedroom 1.60
1 Bedroom 14.35
2 Bedrooms 39.62
3 Bedrooms 34.85
4 Bedrooms 8.87
5 or more bedrooms 0.71