Lehighton, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Lehighton, 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

Lehighton Housing Market Information

With 5,314 people, 2,255 houses or apartments, and a median cost of homes of $157,460, Lehighton 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 Lehighton, accounting for 41.64% of the borough's housing units. Other types of housing that are prevalent in Lehighton include duplexes, homes converted to apartments or other small apartment buildings ( 25.53%), row houses and other attached homes ( 17.48%), and a few large apartment complexes or high rise apartments ( 15.34%).

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

The housing in Lehighton was primarily built before 1939 ( 58.64%), making the housing stock in Lehighton some of the oldest overall in America, although there is a range of ages of homes in Lehighton. The next most important housing age is between 1940-1969 ( 23.12%), followed by between 1970-1999 ( 17.04%). There's also some housing in Lehighton built between 2000 and later ( 1.21%).

Lehighton Home Appreciation Rates

Real estate appreciation rates in Lehighton's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.11% during the period.

NeighborhoodScout's data show that during the latest twelve months, Lehighton's appreciation rate, at 3.49%, has been at or slightly above the national average. In the latest quarter, Lehighton's appreciation rate has been 0.88%, which annualizes to a rate of 3.57%.

Relative to Pennsylvania, our data show that Lehighton's latest annual appreciation rate is higher than 70% of the other cities and towns in Pennsylvania.

Average Home Values

 

Median Home Value:
$157,460

Lehighton, PA HOME PRICES

Value Range
> $1,053,000 0.0
$790,001 - $1,053,000 0.0
$527,001 - $790,000 0.0
$421,001 - $527,000 0.0
$316,001 - $421,000 1.2
$211,001 - $316,000 12.5
$105,001 - $211,000 67.3
$53,001 - $105,000 15.0
$0 - $53,000 3.9

Average for PA
Average for Nation

Value Relative to Nation Value Relative to State
46.8006562756358 40.9661835748792

Number Of Homes And Apartments:
2,255

Lehighton 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
54.82% 2.57% 8 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$841 / per month

Homeownership Rate

Homeownership
Owners 51.72
Renters 48.28
Vacant 9.18

Housing Market Details

 

Age of Homes

AGE OF Lehighton HOMES
2000 or Newer 1.2
1970 - 1999 17.0
1940 - 1969 23.1
1939 or Older 58.6

Types of Homes

TYPE OF Lehighton HOMES
Single-Family 41.6
Townhomes 17.5
Small Apt. Buildings 25.5
Apt. Complexes 15.3
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Lehighton HOMES
No Bedroom 2.62
1 Bedroom 15.55
2 Bedrooms 29.48
3 Bedrooms 31.57
4 Bedrooms 15.63
5 or more bedrooms 5.16