Linesville, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Linesville Neighborhoods Since 2000




Linesville, 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

Linesville Housing Market Information

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.

Linesville Home Appreciation Rates

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.

Average Home Values

 

Median Home Value:
$113,214

Linesville, PA HOME PRICES

Value Range
> $1,044,000 0.0
$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

Low for PA
Low for Nation

Value Relative to Nation Value Relative to State
69.4245868979257 66.9565217391304

Number Of Homes And Apartments:
428

Linesville 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
54.30% 2.55% 7 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$838 / per month

Homeownership Rate

Homeownership
Owners 62.85
Renters 37.15
Vacant 15.42

Housing Market Details

 

Age of Homes

AGE OF Linesville HOMES
2000 or Newer 5.1
1970 - 1999 20.8
1940 - 1969 34.0
1939 or Older 40.1

Types of Homes

TYPE OF Linesville HOMES
Single-Family 73.5
Townhomes 2.4
Small Apt. Buildings 18.2
Apt. Complexes 1.8
Mobile Homes 4.2
Other 0.0

Home Size

SIZE OF Linesville HOMES
No Bedroom 0.00
1 Bedroom 9.88
2 Bedrooms 29.05
3 Bedrooms 34.98
4 Bedrooms 19.96
5 or more bedrooms 6.13

Popular Neighborhoods in Linesville

Zip Codes in Linesville, PA