Shavertown, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Shavertown, PA Real Estate Data


Shavertown Housing Market Information

With a population of 2,013, 939 total housing units (homes and apartments), and a median house value of $165,704, Shavertown 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 Shavertown, accounting for 84.24% of the town's housing units. Other types of housing that are prevalent in Shavertown include row houses and other attached homes ( 6.39%), duplexes, homes converted to apartments or other small apartment buildings ( 4.47%), and a few mobile homes or trailers ( 3.19%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Shavertown. Owner-occupied housing accounts for 73.06% of Shavertown's homes, and 73.16% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Shavertown's housing was primarily built during this period, from the '40s through the '60s. A full 42.49% of the town's housing hails from this era. Other housing ages represented in Shavertown include homes built between 1970-1999 ( 33.55%) and housing constructed before 1939 ( 23.96%).

Shavertown Home Appreciation Rates

Real estate appreciation rates in Shavertown's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.35% during the period.

Over the last year, Shavertown appreciation rates have trailed the rest of the nation. In the last twelve months, Shavertown's appreciation rate has been 3.24%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Shavertown were at 1.23%, which equates to an annual appreciation rate of 5.02%.

Relative to Pennsylvania, our data show that Shavertown's latest annual appreciation rate is lower than 70% of the other cities and towns in Pennsylvania.

Average Home Values

 

Median Home Value:
$165,704

Shavertown, PA HOME PRICES

Value Range
> $1,031,000 0.0
$774,001 - $1,031,000 0.6
$516,001 - $774,000 4.9
$413,001 - $516,000 0.9
$309,001 - $413,000 7.2
$206,001 - $309,000 13.6
$103,001 - $206,000 55.9
$51,001 - $103,000 11.8
$0 - $51,000 5.2

High for PA
Average for Nation

Value Relative to Nation Value Relative to State
44.4633132283188 37.3913043478261

Number Of Homes And Apartments:
939

Rent & Ownership

 

Average Market Rent:
$838 / per month

Homeownership Rate

Homeownership
Owners 73.06
Renters 26.94
Vacant 0.00

Housing Market Details

 

Age of Homes

AGE OF Shavertown HOMES
2000 or Newer 0.0
1970 - 1999 33.5
1940 - 1969 42.5
1939 or Older 24.0

Types of Homes

TYPE OF Shavertown HOMES
Single-Family 84.2
Townhomes 6.4
Small Apt. Buildings 4.5
Apt. Complexes 1.7
Mobile Homes 3.2
Other 0.0

Home Size

SIZE OF Shavertown HOMES
No Bedroom 0.00
1 Bedroom 2.56
2 Bedrooms 22.36
3 Bedrooms 56.12
4 Bedrooms 17.04
5 or more bedrooms 1.92

Shavertown Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
PA*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
32.51% 1.67% 2 3
* 10 is highest

Popular Neighborhoods in Shavertown

Zip Codes in Shavertown, PA