Felton, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Felton Neighborhoods Since 2000




Felton, 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

Felton Housing Market Information

With a population of 505, 210 total housing units (homes and apartments), and a median house value of $196,501, Felton real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Felton, accounting for 82.97% of the borough's housing units. Other types of housing that are prevalent in Felton include row houses and other attached homes ( 6.99%), large apartment complexes or high rise apartments ( 3.93%), and a few mobile homes or trailers ( 3.49%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Felton. Owner-occupied housing accounts for 81.43% of Felton's homes, and 83.84% have either three or four bedrooms, which is average sized relative to America.

The housing in Felton was primarily built before 1939 ( 47.60%), making the housing stock in Felton some of the oldest overall in America, although there is a range of ages of homes in Felton. The next most important housing age is between 1970-1999 ( 24.45%), followed by between 2000 and later ( 14.41%). There's also some housing in Felton built between 1940-1969 ( 13.54%).

Felton Home Appreciation Rates

Felton's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Felton during the period has been just -1.45%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Felton's appreciation rate, at 4.99%, has been at or slightly above the national average. In the latest quarter, Felton's appreciation rate has been 2.73%, which annualizes to a rate of 11.40%.

Importantly, this makes Felton 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 Felton's latest annual appreciation rate is higher than 80% of the other cities and towns in Pennsylvania.

Average Home Values

 

Median Home Value:
$196,501

Felton, PA HOME PRICES

Value Range
> $1,060,000 0.5
$795,001 - $1,060,000 0.7
$530,001 - $795,000 1.7
$424,001 - $530,000 3.2
$318,001 - $424,000 10.3
$212,001 - $318,000 28.7
$106,001 - $212,000 39.2
$53,001 - $106,000 5.7
$0 - $53,000 9.8

High for PA
High for Nation

Value Relative to Nation Value Relative to State
33.1360600023438 21.3526570048309

Number Of Homes And Apartments:
210

Felton 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
41.63% 2.04% 5 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,255 / per month

Homeownership Rate

Homeownership
Owners 81.43
Renters 18.57
Vacant 8.30

Housing Market Details

 

Age of Homes

AGE OF Felton HOMES
2000 or Newer 14.4
1970 - 1999 24.5
1940 - 1969 13.5
1939 or Older 47.6

Types of Homes

TYPE OF Felton HOMES
Single-Family 83.0
Townhomes 7.0
Small Apt. Buildings 2.6
Apt. Complexes 3.9
Mobile Homes 3.5
Other 0.0

Home Size

SIZE OF Felton HOMES
No Bedroom 0.00
1 Bedroom 1.31
2 Bedrooms 13.54
3 Bedrooms 68.56
4 Bedrooms 15.28
5 or more bedrooms 1.31