Lewisberry, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Lewisberry Neighborhoods Since 2000




Lewisberry, 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

Lewisberry Housing Market Information

With 363 people, 175 houses or apartments, and a median cost of homes of $145,313, Lewisberry 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 Lewisberry, accounting for 71.43% of the borough's housing units. Other types of housing that are prevalent in Lewisberry include duplexes, homes converted to apartments or other small apartment buildings ( 17.03%), row houses and other attached homes ( 10.99%).

The most prevalent building size and type in Lewisberry are three and four bedroom dwellings, chiefly found in single-family detached homes. The borough has a mixture of owners and renters, with 64.57% owning and 35.43% renting.

The housing in Lewisberry was primarily built before 1939 ( 46.15%), making the housing stock in Lewisberry some of the oldest overall in America, although there is a range of ages of homes in Lewisberry. The next most important housing age is between 1970-1999 ( 31.32%), followed by between 1940-1969 ( 19.23%). There's also some housing in Lewisberry built between 2000 and later ( 3.30%).

Lewisberry Home Appreciation Rates

Lewisberry's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Lewisberry during the period has been just -1.35%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Lewisberry's appreciation rate, at 4.81%, has been at or slightly above the national average. In the latest quarter, Lewisberry's appreciation rate has been 2.73%, which annualizes to a rate of 11.40%.

Importantly, this makes Lewisberry one of the highest appreciating communities in the nation for the latest quarter, and may signal the borough's near-future real estate investment strength.

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

Average Home Values

 

Median Home Value:
$145,313

Lewisberry, PA HOME PRICES

Value Range
> $1,040,000 0.0
$780,001 - $1,040,000 0.0
$520,001 - $780,000 3.7
$416,001 - $520,000 5.2
$312,001 - $416,000 7.4
$208,001 - $312,000 14.5
$104,001 - $208,000 33.3
$52,001 - $104,000 13.5
$0 - $52,000 22.5

Average for PA
Average for Nation

Value Relative to Nation Value Relative to State
52.0039845306457 47.43961352657

Number Of Homes And Apartments:
175

Lewisberry 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
31.98% 1.62% 3 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,155 / per month

Homeownership Rate

Homeownership
Owners 64.57
Renters 35.43
Vacant 3.85

Housing Market Details

 

Age of Homes

AGE OF Lewisberry HOMES
2000 or Newer 3.3
1970 - 1999 31.3
1940 - 1969 19.2
1939 or Older 46.2

Types of Homes

TYPE OF Lewisberry HOMES
Single-Family 71.4
Townhomes 11.0
Small Apt. Buildings 17.0
Apt. Complexes 0.0
Mobile Homes 0.5
Other 0.0

Home Size

SIZE OF Lewisberry HOMES
No Bedroom 1.65
1 Bedroom 9.89
2 Bedrooms 26.37
3 Bedrooms 41.76
4 Bedrooms 19.23
5 or more bedrooms 1.10