Pottstown, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Pottstown Neighborhoods Since 2000




Pottstown, 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

Pottstown Housing Market Information

With a population of 22,664, 9,261 total housing units (homes and apartments), and a median house value of $120,523, house prices in Pottstown are solidly below the national average.

Single-family detached homes are the single most common housing type in Pottstown, accounting for 35.45% of the borough's housing units. Other types of housing that are prevalent in Pottstown include row houses and other attached homes ( 32.19%), large apartment complexes or high rise apartments ( 17.58%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 14.78%).

The most prevalent building size and type in Pottstown are three and four bedroom dwellings, chiefly found in single-family detached homes. The borough has a mixture of owners and renters, with 55.96% owning and 44.04% renting.

The housing in Pottstown was primarily built before 1939 ( 41.54%), making the housing stock in Pottstown some of the oldest overall in America, although there is a range of ages of homes in Pottstown. The next most important housing age is between 1940-1969 ( 39.62%), followed by between 1970-1999 ( 16.43%). There's also some housing in Pottstown built between 2000 and later ( 2.41%).

Pottstown Home Appreciation Rates

Homes have actually lost value in Pottstown over the last then years, as home values have seen a decline of 20.16% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Pottstown home appreciation rates at 0.08%, which equates to an annual appreciation rate of 0.32%.

Over the last year, Pottstown appreciation rates have trailed the rest of the nation. In the last twelve months, Pottstown's appreciation rate has been 2.48%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Pottstown were at 0.08%, which equates to an annual appreciation rate of 0.32%.

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

One very important thing to keep in mind is that these are average appreciation rates for the borough. Individual neighborhoods within Pottstown differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Pottstown - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Pottstown real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$120,523

Pottstown, PA HOME PRICES

Value Range
> $1,012,000 0.0
$759,001 - $1,012,000 1.5
$506,001 - $759,000 0.9
$405,001 - $506,000 0.2
$304,001 - $405,000 1.9
$203,001 - $304,000 8.6
$101,001 - $203,000 57.2
$51,001 - $101,000 25.9
$0 - $51,000 3.9

Low for PA
Low for Nation

Value Relative to Nation Value Relative to State
65.1001992265323 61.8357487922705

Number Of Homes And Apartments:
9,261

Pottstown 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
27.02% 1.40% 2 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,111 / per month

Homeownership Rate

Homeownership
Owners 55.96
Renters 44.04
Vacant 9.37

Housing Market Details

 

Age of Homes

AGE OF Pottstown HOMES
2000 or Newer 2.4
1970 - 1999 16.4
1940 - 1969 39.6
1939 or Older 41.5

Types of Homes

TYPE OF Pottstown HOMES
Single-Family 35.5
Townhomes 32.2
Small Apt. Buildings 14.8
Apt. Complexes 17.6
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Pottstown HOMES
No Bedroom 5.21
1 Bedroom 15.35
2 Bedrooms 22.06
3 Bedrooms 38.23
4 Bedrooms 16.67
5 or more bedrooms 2.48