Mountville, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Mountville Neighborhoods Since 2000




Mountville, 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

Mountville Housing Market Information

With a population of 2,854, 1,327 total housing units (homes and apartments), and a median house value of $215,649, Mountville real estate prices are well above average cost compared to national prices.

Row houses and other attached homes are the single most common housing type in Mountville, accounting for 33.08% of the borough's housing units. Other types of housing that are prevalent in Mountville include single-family detached homes ( 31.42%), duplexes, homes converted to apartments or other small apartment buildings ( 21.93%), and a few large apartment complexes or high rise apartments ( 13.56%). Boroughs with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact boroughs that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.

The most prevalent building size and type in Mountville are three and four bedroom dwellings, chiefly found in row houses and other attached homes. The borough has a mixture of owners and renters, with 64.92% owning and 35.08% renting.

There is a lot of housing in Mountville built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Mountville built between 2000 and later ( 22.83%). A lesser amount of the housing stock also hails from before 1939 ( 18.24%). There's also some housing in Mountville built between 1940-1969 ( 17.48%).

Mountville Home Appreciation Rates

Appreciation rates for homes in Mountville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 0.67%, which ranks in the top 50% nationwide. This equates to an annual average Mountville house appreciation rate of 0.07%.

NeighborhoodScout's data show that during the latest twelve months, Mountville's appreciation rate, at 5.12%, has been at or slightly above the national average. In the latest quarter, Mountville's appreciation rate has been 0.61%, which annualizes to a rate of 2.48%.

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

Average Home Values

 

Median Home Value:
$215,649

Mountville, PA HOME PRICES

Value Range
> $1,099,000 0.6
$824,001 - $1,099,000 0.3
$549,001 - $824,000 0.5
$440,001 - $549,000 2.5
$330,001 - $440,000 11.0
$220,001 - $330,000 30.1
$110,001 - $220,000 46.3
$55,001 - $110,000 1.2
$0 - $55,000 7.6

Very High for PA
High for Nation

Value Relative to Nation Value Relative to State
28.6065861947732 17.487922705314

Number Of Homes And Apartments:
1,327

Mountville 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
45.57% 2.20% 6 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,040 / per month

Homeownership Rate

Homeownership
Owners 64.92
Renters 35.08
Vacant 0.00

Housing Market Details

 

Age of Homes

AGE OF Mountville HOMES
2000 or Newer 22.8
1970 - 1999 41.4
1940 - 1969 17.5
1939 or Older 18.2

Types of Homes

TYPE OF Mountville HOMES
Single-Family 31.4
Townhomes 33.1
Small Apt. Buildings 21.9
Apt. Complexes 13.6
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Mountville HOMES
No Bedroom 0.00
1 Bedroom 8.06
2 Bedrooms 22.91
3 Bedrooms 53.05
4 Bedrooms 12.74
5 or more bedrooms 3.24