Houston, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Houston Neighborhoods Since 2000




Houston, 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

Houston Housing Market Information

With 1,266 people, 592 houses or apartments, and a median cost of homes of $121,110, 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 -0.28% 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 -3.93%, 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 -0.41%, which equates to an annual appreciation rate of -1.65%.

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:
$121,110

Houston, PA HOME PRICES

Value Range
> $1,032,000 1.3
$774,001 - $1,032,000 0.0
$516,001 - $774,000 0.0
$413,001 - $516,000 0.0
$310,001 - $413,000 0.0
$207,001 - $310,000 3.4
$103,001 - $207,000 54.8
$52,001 - $103,000 38.8
$0 - $52,000 1.8

Low for PA
Low for Nation

Value Relative to Nation Value Relative to State
64.7486229930857 61.1594202898551

Number Of Homes And Apartments:
592

Houston 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
28.85% 1.48% 2 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$854 / 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