Houston, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Houston Neighborhoods Since 2000




Houston, PA Real Estate Data


Houston Housing Market Information

With 1,266 people, 592 houses or apartments, and a median cost of homes of $121,428, house prices in Houston are solidly below the national average.

Single-family detached homes are the single most common housing type in Houston, accounting for 62.60% of the borough's housing units. Other types of housing that are prevalent in Houston include duplexes, homes converted to apartments or other small apartment buildings ( 17.84%), large apartment complexes or high rise apartments ( 16.12%), and a few row houses and other attached homes ( 3.13%).

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

The housing in Houston was primarily built before 1939 ( 51.02%), making the housing stock in Houston some of the oldest overall in America, although there is a range of ages of homes in Houston. The next most important housing age is between 1940-1969 ( 33.96%), followed by between 1970-1999 ( 12.68%). There's also some housing in Houston built between 2000 and later ( 2.35%).

Houston Home Appreciation Rates

Real estate appreciation rates in Houston's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.33% during the period.

Over the last year, Houston appreciation rates have trailed the rest of the nation. In the last twelve months, Houston's appreciation rate has been -4.60%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Houston were at -2.44%, which equates to an annual appreciation rate of -9.40%.

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

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

Average Home Values

 

Median Home Value:
$121,428

Houston, PA HOME PRICES

Value Range
> $1,035,000 1.3
$776,001 - $1,035,000 0.0
$517,001 - $776,000 0.0
$414,001 - $517,000 0.0
$311,001 - $414,000 0.0
$207,001 - $311,000 3.4
$104,001 - $207,000 54.8
$52,001 - $104,000 38.8
$0 - $52,000 1.8

Low for PA
Low for Nation

Value Relative to Nation Value Relative to State
64.3706785421305 61.256038647343

Number Of Homes And Apartments:
592

Rent & Ownership

 

Average Market Rent:
$834 / per month

Homeownership Rate

Homeownership
Owners 54.73
Renters 45.27
Vacant 7.36

Housing Market Details

 

Age of Homes

AGE OF Houston HOMES
2000 or Newer 2.3
1970 - 1999 12.7
1940 - 1969 34.0
1939 or Older 51.0

Types of Homes

TYPE OF Houston HOMES
Single-Family 62.6
Townhomes 3.1
Small Apt. Buildings 17.8
Apt. Complexes 16.1
Mobile Homes 0.3
Other 0.0

Home Size

SIZE OF Houston HOMES
No Bedroom 0.00
1 Bedroom 22.69
2 Bedrooms 33.02
3 Bedrooms 33.96
4 Bedrooms 8.92
5 or more bedrooms 1.41

Houston Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
PA*
Compared To
America*
Latest Quarter:
2016 Q3 - 2016 Q4
Last 12 Months:
2015 Q4 - 2016 Q4
Last 2 Years:
2014 Q4 - 2016 Q4
Last 5 Years:
2011 Q4 - 2016 Q4
Last 10 Years:
2006 Q4 - 2016 Q4
Since 2000:
2000 Q1 - 2016 Q4
28.49% 1.46% 2 3
* 10 is highest