Huntingdon, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Huntingdon Neighborhoods Since 2000




Huntingdon, 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

Huntingdon Housing Market Information

With a population of 7,029, 2,599 total housing units (homes and apartments), and a median house value of $117,925, 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 63.10% 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 ( 17.95%), large apartment complexes or high rise apartments ( 11.83%), and a few row houses and other attached homes ( 7.12%).

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 42.86% owning and 57.14% renting.

The housing in Huntingdon was primarily built before 1939 ( 49.11%), 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 ( 27.27%), followed by between 1970-1999 ( 19.84%). There's also some housing in Huntingdon built between 2000 and later ( 3.78%).

Vacant housing appears to be an issue in Huntingdon. Fully 10.63% of the housing stock is classified as vacant. Left unchecked, vacant Huntingdon homes and apartments can be a drag on the real estate market, holding Huntingdon 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.

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 1.58%, which ranks in the top 50% nationwide. This equates to an annual average Huntingdon house appreciation rate of 0.16%.

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 -0.84%, 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 -1.59%, which equates to an annual appreciation rate of -6.20%.

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

Relative to Pennsylvania, our data show that Huntingdon's latest annual appreciation rate is lower than 80% of the other cities and towns in Pennsylvania.

Average Home Values

 

Median Home Value:
$117,925

Huntingdon, PA HOME PRICES

Value Range
> $1,032,000 0.0
$774,001 - $1,032,000 0.7
$516,001 - $774,000 0.0
$413,001 - $516,000 1.8
$310,001 - $413,000 0.0
$206,001 - $310,000 10.5
$103,001 - $206,000 44.9
$52,001 - $103,000 35.2
$0 - $52,000 7.0

Low for PA
Low for Nation

Value Relative to Nation Value Relative to State
66.7057306926052 63.6714975845411

Number Of Homes And Apartments:
2,599

Huntingdon 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
41.71% 2.04% 5 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$764 / per month

Homeownership Rate

Homeownership
Owners 42.86
Renters 57.14
Vacant 10.63

Housing Market Details

 

Age of Homes

AGE OF Huntingdon HOMES
2000 or Newer 3.8
1970 - 1999 19.8
1940 - 1969 27.3
1939 or Older 49.1

Types of Homes

TYPE OF Huntingdon HOMES
Single-Family 63.1
Townhomes 7.1
Small Apt. Buildings 18.0
Apt. Complexes 11.8
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Huntingdon HOMES
No Bedroom 2.27
1 Bedroom 18.26
2 Bedrooms 19.05
3 Bedrooms 39.92
4 Bedrooms 15.10
5 or more bedrooms 5.40