Huntingdon, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Huntingdon, PA Real Estate Data


Huntingdon Housing Market Information

With 7,029 people, 2,703 houses or apartments, and a median cost of homes of $128,647, house prices in Huntingdon are solidly below the national average.

Single-family detached homes are the single most common housing type in Huntingdon, accounting for 63.30% of the borough's housing units. Other types of housing that are prevalent in Huntingdon include duplexes, homes converted to apartments or other small apartment buildings ( 17.14%), large apartment complexes or high rise apartments ( 11.91%), and a few row houses and other attached homes ( 7.65%).

The most prevalent building size and type in Huntingdon are three and four bedroom dwellings, chiefly found in single-family detached homes. The borough has a mixture of owners and renters, with 43.54% owning and 56.46% renting.

The housing in Huntingdon was primarily built before 1939 ( 44.95%), making the housing stock in Huntingdon some of the oldest overall in America, although there is a range of ages of homes in Huntingdon. The next most important housing age is between 1940-1969 ( 28.61%), followed by between 1970-1999 ( 21.13%). There's also some housing in Huntingdon built between 2000 and later ( 5.30%).

Huntingdon Home Appreciation Rates

Appreciation rates for homes in Huntingdon have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 9.99%, which ranks in the top 40% nationwide. This equates to an annual average Huntingdon house appreciation rate of 0.96%.

Over the last year, Huntingdon appreciation rates have trailed the rest of the nation. In the last twelve months, Huntingdon's appreciation rate has been 4.18%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Huntingdon were at 2.15%, which equates to an annual appreciation rate of 8.89%.

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

Average Home Values

 

Median Home Value:
$128,647

Huntingdon, PA HOME PRICES

Value Range
> $1,128,000 0.0
$846,001 - $1,128,000 0.0
$564,001 - $846,000 0.0
$451,001 - $564,000 0.5
$338,001 - $451,000 0.0
$226,001 - $338,000 11.9
$113,001 - $226,000 42.0
$56,001 - $113,000 39.6
$0 - $56,000 6.0

Average for PA
Low for Nation

Value Relative to Nation Value Relative to State
61.5389119868829 59.2270531400966

Number Of Homes And Apartments:
2,703

Rent & Ownership

 

Average Market Rent:
$795 / per month

Homeownership Rate

Homeownership
Owners 43.54
Renters 56.46
Vacant 9.33

Housing Market Details

 

Age of Homes

AGE OF Huntingdon HOMES
2000 or Newer 5.3
1970 - 1999 21.1
1940 - 1969 28.6
1939 or Older 45.0

Types of Homes

TYPE OF Huntingdon HOMES
Single-Family 63.3
Townhomes 7.6
Small Apt. Buildings 17.1
Apt. Complexes 11.9
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Huntingdon HOMES
No Bedroom 2.58
1 Bedroom 17.95
2 Bedrooms 18.89
3 Bedrooms 41.80
4 Bedrooms 14.83
5 or more bedrooms 3.96

Huntingdon Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
PA*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
50.18% 2.42% 6 6
* 10 is highest