Leesport, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Leesport Neighborhoods Since 2000




Leesport, 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

Leesport Housing Market Information

With 1,883 people, 726 houses or apartments, and a median cost of homes of $158,861, Leesport real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Leesport, accounting for 59.52% of the borough's housing units. Other types of housing that are prevalent in Leesport include row houses and other attached homes ( 28.04%), duplexes, homes converted to apartments or other small apartment buildings ( 8.86%), and a few large apartment complexes or high rise apartments ( 3.57%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Leesport. Owner-occupied housing accounts for 78.65% of Leesport's homes, and 77.25% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Leesport built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Leesport built between 1940-1969 ( 29.10%). A lesser amount of the housing stock also hails from before 1939 ( 21.56%). There's also some housing in Leesport built between 2000 and later ( 12.43%).

Leesport Home Appreciation Rates

Leesport's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Leesport during the period has been just -1.08%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Leesport's appreciation rate, at 5.15%, has been at or slightly above the national average. In the latest quarter, Leesport's appreciation rate has been 1.28%, which annualizes to a rate of 5.21%.

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

Average Home Values

 

Median Home Value:
$158,861

Leesport, PA HOME PRICES

Value Range
> $1,047,000 0.3
$785,001 - $1,047,000 0.0
$523,001 - $785,000 0.0
$419,001 - $523,000 0.0
$314,001 - $419,000 3.7
$209,001 - $314,000 24.6
$105,001 - $209,000 58.4
$52,001 - $105,000 6.9
$0 - $52,000 6.2

Average for PA
Average for Nation

Value Relative to Nation Value Relative to State
46.1678190554318 40.1932367149758

Number Of Homes And Apartments:
726

Leesport 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
22.87% 1.20% 2 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,086 / per month

Homeownership Rate

Homeownership
Owners 78.65
Renters 21.35
Vacant 3.97

Housing Market Details

 

Age of Homes

AGE OF Leesport HOMES
2000 or Newer 12.4
1970 - 1999 36.9
1940 - 1969 29.1
1939 or Older 21.6

Types of Homes

TYPE OF Leesport HOMES
Single-Family 59.5
Townhomes 28.0
Small Apt. Buildings 8.9
Apt. Complexes 3.6
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Leesport HOMES
No Bedroom 1.06
1 Bedroom 4.23
2 Bedrooms 16.93
3 Bedrooms 57.94
4 Bedrooms 19.31
5 or more bedrooms 0.53