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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.



Nanticoke, 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

Nanticoke, PA Housing Market Trends

With 10,607 people, 4,397 houses or apartments, and a median cost of homes of $120,106, house prices in Nanticoke are some of the most affordable in Pennsylvania as well as the nation.

Single-family detached homes are the single most common housing type in Nanticoke, accounting for 55.62% of the city's housing units. Other types of housing that are prevalent in Nanticoke include row houses and other attached homes ( 19.79%), duplexes, homes converted to apartments or other small apartment buildings ( 16.22%), and a few large apartment complexes or high rise apartments ( 8.23%).

The most prevalent building size and type in Nanticoke are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 59.06% owning and 40.94% renting.

The housing in Nanticoke was primarily built before 1939 ( 45.33%), making the housing stock in Nanticoke some of the oldest overall in America, although there is a range of ages of homes in Nanticoke. The next most important housing age is between 1940-1969 ( 28.53%), followed by between 1970-1999 ( 23.15%). There's also some housing in Nanticoke built between 2000 and later ( 2.99%).

Vacant housing appears to be an issue in Nanticoke. Fully 14.60% of the housing stock is classified as vacant. Left unchecked, vacant Nanticoke homes and apartments can be a drag on the real estate market, holding Nanticoke 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.

Nanticoke Home Appreciation Rates

Nanticoke's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Nanticoke during the period has been just 5.07%, which is lower than 70% of US communities.

Over the last year, Nanticoke appreciation rates have trailed the rest of the nation. In the last twelve months, Nanticoke's appreciation rate has been 3.76%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Nanticoke were at 0.69%, which equates to an annual appreciation rate of 2.80%.

Relative to Pennsylvania, our data show that Nanticoke's latest annual appreciation rate is lower than 90% of the other cities and towns in Pennsylvania.

Average Home Values

Median Home Value

$120,106

Nanticoke, PA Home Prices
> $1,351,000
$1,013,001 - $1,351,000
$675,001 - $1,013,000
$540,001 - $675,000
$405,001 - $540,000
$270,001 - $405,000
$135,001 - $270,000
$68,001 - $135,000
$0 - $68,000
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
1.8%
1.8%
10.3%
10.3%
31.7%
31.7%
47.0%
47.0%
9.2%
9.2%
0% 100.0%
% of Homes
Very Low

for Pennsylvania

Very Low

for nation

Number of Homes And Apartments:

4,397

Nanticoke Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,238 / per month

Homeownership Rate

Owners
Renters
59.1%
59.1%
40.9%
40.9%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
14.6%
14.6%
85.4%
85.4%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
3.0%
3.0%
23.2%
23.2%
28.5%
28.5%
45.3%
45.3%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
55.6%
55.6%
19.8%
19.8%
16.2%
16.2%
8.2%
8.2%
0.1%
0.1%
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
1.5%
1.5%
9.2%
9.2%
26.1%
26.1%
49.5%
49.5%
9.2%
9.2%
4.5%
4.5%
0% 100.0%
% of Homes