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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 582 people, 281 houses or apartments, and a median cost of homes of $247,166, Port Matilda 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 Port Matilda, accounting for 61.59% of the borough's housing units. Other types of housing that are prevalent in Port Matilda include duplexes, homes converted to apartments or other small apartment buildings ( 15.89%), mobile homes or trailers ( 13.91%), and a few large apartment complexes or high rise apartments ( 8.61%).
The most prevalent building size and type in Port Matilda are three and four bedroom dwellings, chiefly found in single-family detached homes. The borough has a mixture of owners and renters, with 64.77% owning and 35.23% renting.
The housing in Port Matilda was primarily built before 1939 ( 41.39%), making the housing stock in Port Matilda some of the oldest overall in America, although there is a range of ages of homes in Port Matilda. The next most important housing age is between 1940-1969 ( 38.74%), followed by between 1970-1999 ( 10.26%). There's also some housing in Port Matilda built between 2000 and later ( 9.60%).
Port Matilda's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Port Matilda during the period has been just 5.21%, which is lower than 70% of US communities.
Appreciation rates are so strong in Port Matilda that despite a nationwide downturn in the housing market, Port Matilda real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Port Matilda appreciation rates continue to be some of the highest in America, at 6.76%, which is higher than appreciation rates in 72.87% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Port Matilda. Port Matilda appreciation rates in the latest quarter were at -3.67%, which equates to an annual appreciation rate of -13.89%.
Notably, Port Matilda's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Pennsylvania, our data show that Port Matilda's latest annual appreciation rate is higher than 70% of the other cities and towns in Pennsylvania.
$247,166
for Pennsylvania
for nation
281
$1,118 / per month