Pottsville, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Pottsville Neighborhoods Since 2000




Pottsville, 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

Pottsville Housing Market Information

With a population of 13,802, 5,942 total housing units (homes and apartments), and a median house value of $63,381, house prices in Pottsville are some of the most affordable in Pennsylvania as well as the nation.

Row houses and other attached homes are the single most common housing type in Pottsville, accounting for 36.58% of the city's housing units. Other types of housing that are prevalent in Pottsville include single-family detached homes ( 33.56%), large apartment complexes or high rise apartments ( 16.83%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 12.59%). This particular housing mix is relatively uncommon and characteristic of cities that are compact and walkable, and which often have a lively downtown.

The most prevalent building size and type in Pottsville are three and four bedroom dwellings, chiefly found in row houses and other attached homes. The city has a mixture of owners and renters, with 54.32% owning and 45.68% renting.

The housing in Pottsville was primarily built before 1939 ( 54.87%), making the housing stock in Pottsville some of the oldest overall in America, although there is a range of ages of homes in Pottsville. The next most important housing age is between 1940-1969 ( 28.39%), followed by between 1970-1999 ( 14.82%). There's also some housing in Pottsville built between 2000 and later ( 1.91%).

Vacant housing appears to be an issue in Pottsville. Fully 19.89% of the housing stock is classified as vacant. Left unchecked, vacant Pottsville homes and apartments can be a drag on the real estate market, holding Pottsville 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.

Pottsville Home Appreciation Rates

Pottsville's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Pottsville during the period has been just -0.92%, which is lower than 70% of US communities.

Over the last year, Pottsville appreciation rates have trailed the rest of the nation. In the last twelve months, Pottsville's appreciation rate has been 0.10%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Pottsville were at -1.59%, which equates to an annual appreciation rate of -6.20%.

Notably, Pottsville's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Pennsylvania, our data show that Pottsville's latest annual appreciation rate is lower than 80% 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 city. Individual neighborhoods within Pottsville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Pottsville - 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 Pottsville real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$63,381

Pottsville, PA HOME PRICES

Value Range
> $991,000 0.0
$743,001 - $991,000 0.0
$495,001 - $743,000 0.8
$396,001 - $495,000 0.0
$297,001 - $396,000 1.0
$198,001 - $297,000 5.4
$99,001 - $198,000 23.5
$50,001 - $99,000 31.9
$0 - $50,000 37.3

Very Low for PA
Very Low for Nation

Value Relative to Nation Value Relative to State
97.2518457752256 96.1352657004831

Number Of Homes And Apartments:
5,942

Pottsville 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
12.48% 0.68% 1 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$781 / per month

Homeownership Rate

Homeownership
Owners 54.32
Renters 45.68
Vacant 19.89

Housing Market Details

 

Age of Homes

AGE OF Pottsville HOMES
2000 or Newer 1.9
1970 - 1999 14.8
1940 - 1969 28.4
1939 or Older 54.9

Types of Homes

TYPE OF Pottsville HOMES
Single-Family 33.6
Townhomes 36.6
Small Apt. Buildings 12.6
Apt. Complexes 16.8
Mobile Homes 0.4
Other 0.0

Home Size

SIZE OF Pottsville HOMES
No Bedroom 2.47
1 Bedroom 13.98
2 Bedrooms 19.81
3 Bedrooms 40.68
4 Bedrooms 16.81
5 or more bedrooms 6.26