Matamoras, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Matamoras, 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

Matamoras Housing Market Information

With 2,383 people, 911 houses or apartments, and a median cost of homes of $172,729, Matamoras 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 Matamoras, accounting for 79.11% of the borough's housing units. Other types of housing that are prevalent in Matamoras include duplexes, homes converted to apartments or other small apartment buildings ( 13.75%), large apartment complexes or high rise apartments ( 4.14%), and a few row houses and other attached homes ( 3.00%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Matamoras. Owner-occupied housing accounts for 68.94% of Matamoras's homes, and 61.22% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Matamoras's housing was primarily built during this period, from the '40s through the '60s. A full 37.44% of the borough's housing hails from this era. Other housing ages represented in Matamoras include homes built before 1939 ( 35.37%) and housing constructed between 1970-1999 ( 21.41%). There's also some housing in Matamoras built between 2000 and later ( 5.79%).

Matamoras Home Appreciation Rates

Homes have actually lost value in Matamoras over the last then years, as home values have seen a decline of 27.95% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Matamoras home appreciation rates at 0.66%, which equates to an annual appreciation rate of 2.68%.

NeighborhoodScout's data show that during the latest twelve months, Matamoras's appreciation rate, at 5.23%, has been at or slightly above the national average. In the latest quarter, Matamoras's appreciation rate has been 0.66%, which annualizes to a rate of 2.68%.

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

Average Home Values

 

Median Home Value:
$172,729

Matamoras, PA HOME PRICES

Value Range
> $965,000 0.0
$724,001 - $965,000 0.0
$483,001 - $724,000 0.0
$386,001 - $483,000 0.7
$289,001 - $386,000 4.0
$193,001 - $289,000 33.0
$97,001 - $193,000 54.8
$48,001 - $97,000 3.6
$0 - $48,000 3.8

High for PA
Average for Nation

Value Relative to Nation Value Relative to State
40.6597913981015 30.9178743961353

Number Of Homes And Apartments:
911

Matamoras 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
27.62% 1.42% 2 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,250 / per month

Homeownership Rate

Homeownership
Owners 68.94
Renters 31.06
Vacant 5.79

Housing Market Details

 

Age of Homes

AGE OF Matamoras HOMES
2000 or Newer 5.8
1970 - 1999 21.4
1940 - 1969 37.4
1939 or Older 35.4

Types of Homes

TYPE OF Matamoras HOMES
Single-Family 79.1
Townhomes 3.0
Small Apt. Buildings 13.8
Apt. Complexes 4.1
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Matamoras HOMES
No Bedroom 0.93
1 Bedroom 8.38
2 Bedrooms 26.99
3 Bedrooms 51.29
4 Bedrooms 9.93
5 or more bedrooms 2.48

Popular Neighborhoods in Matamoras

Zip Codes in Matamoras, PA