Lewistown, PA


Highest Appreciating Lewistown Neighborhoods Since 2000

Lewistown, 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

Lewistown Housing Market Information

With a population of 8,271, 3,614 total housing units (homes and apartments), and a median house value of $77,136, house prices in Lewistown are some of the most affordable in Pennsylvania as well as the nation.

Single-family detached homes are the single most common housing type in Lewistown, accounting for 43.65% of the borough's housing units. Other types of housing that are prevalent in Lewistown include duplexes, homes converted to apartments or other small apartment buildings ( 23.50%), row houses and other attached homes ( 19.18%), and a few large apartment complexes or high rise apartments ( 11.95%).

The most prevalent building size and type in Lewistown are three and four bedroom dwellings, chiefly found in single-family detached homes. The borough has a mixture of owners and renters, with 42.21% owning and 57.79% renting.

The housing in Lewistown was primarily built before 1939 ( 48.04%), making the housing stock in Lewistown some of the oldest overall in America, although there is a range of ages of homes in Lewistown. The next most important housing age is between 1940-1969 ( 37.59%), followed by between 1970-1999 ( 12.82%). There's also some housing in Lewistown built between 2000 and later ( 1.55%).

Vacant housing appears to be an issue in Lewistown. Fully 15.14% of the housing stock is classified as vacant. Left unchecked, vacant Lewistown homes and apartments can be a drag on the real estate market, holding Lewistown 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.

Lewistown Home Appreciation Rates

Appreciation rates for homes in Lewistown have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 6.62%, which ranks in the top 40% nationwide. This equates to an annual average Lewistown house appreciation rate of 0.64%.

NeighborhoodScout's data show that during the latest twelve months, Lewistown's appreciation rate, at 4.26%, has been at or slightly above the national average. In the latest quarter, Lewistown's appreciation rate has been -1.59%, which annualizes to a rate of -6.20%.

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

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

Average Home Values


Median Home Value:


Value Range
> $1,059,000 0.0
$794,001 - $1,059,000 0.6
$530,001 - $794,000 0.0
$423,001 - $530,000 0.6
$318,001 - $423,000 0.0
$212,001 - $318,000 4.4
$106,001 - $212,000 20.4
$53,001 - $106,000 43.4
$0 - $53,000 30.6

Very Low for PA
Very Low for Nation

Value Relative to Nation Value Relative to State
92.1950076174851 89.951690821256

Number Of Homes And Apartments:

Lewistown Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
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
23.78% 1.24% 2 2
* 10 is highest

Rent & Ownership


Average Market Rent:
$835 / per month

Homeownership Rate

Owners 42.21
Renters 57.79
Vacant 15.14

Housing Market Details


Age of Homes

AGE OF Lewistown HOMES
2000 or Newer 1.5
1970 - 1999 12.8
1940 - 1969 37.6
1939 or Older 48.0

Types of Homes

Single-Family 43.6
Townhomes 19.2
Small Apt. Buildings 23.5
Apt. Complexes 12.0
Mobile Homes 1.7
Other 0.0

Home Size

No Bedroom 1.34
1 Bedroom 22.16
2 Bedrooms 25.01
3 Bedrooms 40.06
4 Bedrooms 8.83
5 or more bedrooms 2.61