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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



McDonald, PA Real Estate Market

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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

McDonald, PA Housing Market Trends

With 2,029 people, 222 houses or apartments, and a median cost of homes of $168,857, house prices in McDonald are solidly below the national average.

Single-family detached homes are the single most common housing type in McDonald, accounting for 91.38% of the borough's housing units. Other types of housing that are prevalent in McDonald include duplexes, homes converted to apartments or other small apartment buildings ( 7.24%), large apartment complexes or high rise apartments ( 1.38%).

Dwellings in McDonald tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 55.86% of the homes in McDonald have two or fewer bedrooms.

The housing in McDonald was primarily built before 1939 ( 80.00%), making the housing stock in McDonald some of the oldest overall in America, although there is a range of ages of homes in McDonald. The next most important housing age is between 1940-1969 ( 14.48%), followed by between 1970-1999 ( 5.52%).

Vacant housing appears to be an issue in McDonald. Fully 23.45% of the housing stock is classified as vacant. Left unchecked, vacant McDonald homes and apartments can be a drag on the real estate market, holding McDonald 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.

McDonald Home Appreciation Rates

McDonald's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in McDonald during the period has been just 4.55%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, McDonald's appreciation rate, at 5.71%, has been at or slightly above the national average. In the latest quarter, McDonald's appreciation rate has been 0.00%, which annualizes to a rate of 0.00%.

Relative to Pennsylvania, our data show that McDonald's latest annual appreciation rate is lower than 50% of the other cities and towns in Pennsylvania.

Average Home Values

Median Home Value

$168,857

McDonald, PA Home Prices
> $1,156,000
$867,001 - $1,156,000
$578,001 - $867,000
$462,001 - $578,000
$347,001 - $462,000
$232,001 - $347,000
$116,001 - $232,000
$57,001 - $116,000
$0 - $57,000
0.0%
0.0%
0.2%
0.2%
1.3%
1.3%
4.5%
4.5%
8.2%
8.2%
17.1%
17.1%
41.7%
41.7%
18.5%
18.5%
8.5%
8.5%
0% 100.0%
% of Homes
Low

for Pennsylvania

Low

for nation

Number of Homes And Apartments:

222

McDonald Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,363 / per month

Homeownership Rate

Owners
Renters
90.1%
90.1%
9.9%
9.9%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
23.4%
23.4%
76.6%
76.6%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
0.0%
0.0%
5.5%
5.5%
14.5%
14.5%
80.0%
80.0%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
91.4%
91.4%
0.0%
0.0%
7.2%
7.2%
1.4%
1.4%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
4.5%
4.5%
51.4%
51.4%
21.0%
21.0%
21.7%
21.7%
1.4%
1.4%
0% 100.0%
% of Homes