Hellertown, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Hellertown, 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

Hellertown Housing Market Information

With 5,824 people, 2,325 houses or apartments, and a median cost of homes of $183,358, Hellertown real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Hellertown, accounting for 62.15% of the borough's housing units. Other types of housing that are prevalent in Hellertown include row houses and other attached homes ( 19.09%), large apartment complexes or high rise apartments ( 12.07%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.21%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Hellertown. Owner-occupied housing accounts for 69.53% of Hellertown's homes, and 67.64% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Hellertown's housing was primarily built during this period, from the '40s through the '60s. A full 47.96% of the borough's housing hails from this era. Other housing ages represented in Hellertown include homes built before 1939 ( 29.63%) and housing constructed between 1970-1999 ( 17.36%). There's also some housing in Hellertown built between 2000 and later ( 5.05%).

Hellertown Home Appreciation Rates

Hellertown's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Hellertown during the period has been just -1.80%, which is lower than 80% of US communities.

Over the last year, Hellertown appreciation rates have trailed the rest of the nation. In the last twelve months, Hellertown's appreciation rate has been 2.06%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Hellertown were at 0.88%, which equates to an annual appreciation rate of 3.57%.

Relative to Pennsylvania, our data show that Hellertown's latest annual appreciation rate is lower than 50% of the other cities and towns in Pennsylvania.

Average Home Values

 

Median Home Value:
$183,358

Hellertown, PA HOME PRICES

Value Range
> $1,037,000 0.0
$778,001 - $1,037,000 0.0
$518,001 - $778,000 0.0
$414,001 - $518,000 1.4
$311,001 - $414,000 0.7
$207,001 - $311,000 26.1
$103,001 - $207,000 65.2
$52,001 - $103,000 5.2
$0 - $52,000 1.4

High for PA
High for Nation

Value Relative to Nation Value Relative to State
36.9623813430212 25.7004830917874

Number Of Homes And Apartments:
2,325

Hellertown 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
37.80% 1.88% 4 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,200 / per month

Homeownership Rate

Homeownership
Owners 69.53
Renters 30.47
Vacant 6.78

Housing Market Details

 

Age of Homes

AGE OF Hellertown HOMES
2000 or Newer 5.1
1970 - 1999 17.4
1940 - 1969 48.0
1939 or Older 29.6

Types of Homes

TYPE OF Hellertown HOMES
Single-Family 62.1
Townhomes 19.1
Small Apt. Buildings 6.2
Apt. Complexes 12.1
Mobile Homes 0.5
Other 0.0

Home Size

SIZE OF Hellertown HOMES
No Bedroom 1.68
1 Bedroom 11.15
2 Bedrooms 16.20
3 Bedrooms 53.45
4 Bedrooms 14.19
5 or more bedrooms 3.33