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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With a population of 997, 428 total housing units (homes and apartments), and a median house value of $113,214, house prices in Linesville are solidly below the national average.
Single-family detached homes are the single most common housing type in Linesville, accounting for 73.52% of the borough's housing units. Other types of housing that are prevalent in Linesville include duplexes, homes converted to apartments or other small apartment buildings ( 18.18%), mobile homes or trailers ( 4.15%), and a few row houses and other attached homes ( 2.37%).
The most prevalent building size and type in Linesville are three and four bedroom dwellings, chiefly found in single-family detached homes. The borough has a mixture of owners and renters, with 62.85% owning and 37.15% renting.
The housing in Linesville was primarily built before 1939 ( 40.12%), making the housing stock in Linesville some of the oldest overall in America, although there is a range of ages of homes in Linesville. The next most important housing age is between 1940-1969 ( 33.99%), followed by between 1970-1999 ( 20.75%). There's also some housing in Linesville built between 2000 and later ( 5.14%).
Vacant housing appears to be an issue in Linesville. Fully 15.42% of the housing stock is classified as vacant. Left unchecked, vacant Linesville homes and apartments can be a drag on the real estate market, holding Linesville 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.
In the last 10 years, Linesville has experienced some of the highest home appreciation rates of any community in the nation. Linesville real estate appreciated 15.44% over the last ten years, which is an average annual home appreciation rate of 1.45%, putting Linesville in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Linesville definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Over the last year, Linesville appreciation rates have trailed the rest of the nation. In the last twelve months, Linesville's appreciation rate has been 2.01%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Linesville were at -1.59%, which equates to an annual appreciation rate of -6.20%.
Notably, Linesville's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Pennsylvania, our data show that Linesville's latest annual appreciation rate is lower than 50% of the other cities and towns in Pennsylvania.
|$783,001 - $1,044,000||0.8|
|$522,001 - $783,000||0.3|
|$417,001 - $522,000||1.8|
|$313,001 - $417,000||0.6|
|$209,001 - $313,000||11.7|
|$104,001 - $209,000||37.5|
|$52,001 - $104,000||30.1|
|$0 - $52,000||17.3|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Linesville HOMES|
|2000 or Newer||5.1|
|1970 - 1999||20.8|
|1940 - 1969||34.0|
|1939 or Older||40.1|
|TYPE OF Linesville HOMES|
|Small Apt. Buildings||18.2|
|SIZE OF Linesville HOMES|
|5 or more bedrooms||6.13|