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 a population of 3,729, 1,552 total housing units (homes and apartments), and a median house value of $68,946, house prices in Frackville are some of the most affordable in Pennsylvania as well as the nation.
Row houses and other attached homes are the single most common housing type in Frackville, accounting for 46.77% of the borough's housing units. Other types of housing that are prevalent in Frackville include single-family detached homes ( 33.51%), duplexes, homes converted to apartments or other small apartment buildings ( 13.63%), and a few large apartment complexes or high rise apartments ( 5.40%). This particular housing mix is relatively uncommon and characteristic of boroughs that are compact and walkable, and which often have a lively downtown.
Owner-occupied, three and four bedroom dwellings, primarily in row houses and other attached homes are the most prevalent type of housing you will see in Frackville. Owner-occupied housing accounts for 66.15% of Frackville's homes, and 70.55% have either three or four bedrooms, which is average sized relative to America.
The housing in Frackville was primarily built before 1939 ( 54.94%), making the housing stock in Frackville some of the oldest overall in America, although there is a range of ages of homes in Frackville. The next most important housing age is between 1940-1969 ( 30.41%), followed by between 1970-1999 ( 13.74%).
Vacant housing appears to be an issue in Frackville. Fully 17.05% of the housing stock is classified as vacant. Left unchecked, vacant Frackville homes and apartments can be a drag on the real estate market, holding Frackville 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.
Real estate appreciation rates in Frackville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.06% during the period.
Over the last year, Frackville appreciation rates have trailed the rest of the nation. In the last twelve months, Frackville's appreciation rate has been 1.12%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Frackville were at -1.59%, which equates to an annual appreciation rate of -6.20%.
Notably, Frackville's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Pennsylvania, our data show that Frackville's latest annual appreciation rate is lower than 70% of the other cities and towns in Pennsylvania.
|$756,001 - $1,008,000||0.0|
|$504,001 - $756,000||0.8|
|$403,001 - $504,000||0.0|
|$302,001 - $403,000||1.7|
|$202,001 - $302,000||1.3|
|$101,001 - $202,000||18.6|
|$51,001 - $101,000||50.4|
|$0 - $51,000||27.1|
|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 Frackville HOMES|
|2000 or Newer||0.9|
|1970 - 1999||13.7|
|1940 - 1969||30.4|
|1939 or Older||54.9|
|TYPE OF Frackville HOMES|
|Small Apt. Buildings||13.6|
|SIZE OF Frackville HOMES|
|5 or more bedrooms||1.12|