Fleetwood, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Fleetwood, 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

Fleetwood Housing Market Information

With 4,085 people, 1,577 houses or apartments, and a median cost of homes of $167,671, Fleetwood 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 Fleetwood, accounting for 54.39% of the borough's housing units. Other types of housing that are prevalent in Fleetwood include row houses and other attached homes ( 32.76%), duplexes, homes converted to apartments or other small apartment buildings ( 9.59%), and a few large apartment complexes or high rise apartments ( 3.26%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Fleetwood. Owner-occupied housing accounts for 80.86% of Fleetwood's homes, and 76.64% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Fleetwood 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 Fleetwood built before 1939 ( 35.46%). A lesser amount of the housing stock also hails from between 1940-1969 ( 24.34%).

Fleetwood Home Appreciation Rates

Real estate appreciation rates in Fleetwood's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.77% during the period.

Appreciation rates are so strong in Fleetwood that despite a nationwide downturn in the housing market, Fleetwood real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Fleetwood appreciation rates continue to be some of the highest in America, at 6.83%, which is higher than appreciation rates in 80.16% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Fleetwood. Fleetwood appreciation rates in the latest quarter were at 1.28%, which equates to an annual appreciation rate of 5.21%.

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

Average Home Values

 

Median Home Value:
$167,671

Fleetwood, PA HOME PRICES

Value Range
> $1,059,000 0.0
$794,001 - $1,059,000 0.0
$529,001 - $794,000 1.4
$423,001 - $529,000 0.0
$318,001 - $423,000 1.4
$212,001 - $318,000 23.5
$106,001 - $212,000 56.3
$53,001 - $106,000 14.1
$0 - $53,000 3.3

High for PA
Average for Nation

Value Relative to Nation Value Relative to State
42.564162662604 34.4927536231884

Number Of Homes And Apartments:
1,577

Fleetwood 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
42.23% 2.06% 5 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,093 / per month

Homeownership Rate

Homeownership
Owners 80.86
Renters 19.14
Vacant 3.07

Housing Market Details

 

Age of Homes

AGE OF Fleetwood HOMES
2000 or Newer 0.0
1970 - 1999 40.2
1940 - 1969 24.3
1939 or Older 35.5

Types of Homes

TYPE OF Fleetwood HOMES
Single-Family 54.4
Townhomes 32.8
Small Apt. Buildings 9.6
Apt. Complexes 3.3
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Fleetwood HOMES
No Bedroom 0.80
1 Bedroom 8.54
2 Bedrooms 11.86
3 Bedrooms 51.63
4 Bedrooms 25.02
5 or more bedrooms 2.15