Slatington, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Slatington, 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

Slatington Housing Market Information

With a population of 4,276, 1,734 total housing units (homes and apartments), and a median house value of $127,076, house prices in Slatington are solidly below the national average.

Single-family detached homes are the single most common housing type in Slatington, accounting for 37.49% of the borough's housing units. Other types of housing that are prevalent in Slatington include row houses and other attached homes ( 31.93%), duplexes, homes converted to apartments or other small apartment buildings ( 18.77%), and a few large apartment complexes or high rise apartments ( 11.34%).

The most prevalent building size and type in Slatington are three and four bedroom dwellings, chiefly found in single-family detached homes. The borough has a mixture of owners and renters, with 58.02% owning and 41.98% renting.

The housing in Slatington was primarily built before 1939 ( 56.79%), making the housing stock in Slatington some of the oldest overall in America, although there is a range of ages of homes in Slatington. The next most important housing age is between 1940-1969 ( 19.63%), followed by between 1970-1999 ( 19.14%). There's also some housing in Slatington built between 2000 and later ( 4.44%).

Slatington Home Appreciation Rates

Homes have actually lost value in Slatington over the last then years, as home values have seen a decline of 19.57% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Slatington home appreciation rates at 0.88%, which equates to an annual appreciation rate of 3.57%.

Over the last year, Slatington appreciation rates have trailed the rest of the nation. In the last twelve months, Slatington's appreciation rate has been -0.81%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Slatington were at 0.88%, which equates to an annual appreciation rate of 3.57%.

Relative to Pennsylvania, our data show that Slatington's latest annual appreciation rate is lower than 80% of the other cities and towns in Pennsylvania.

Average Home Values

 

Median Home Value:
$127,076

Slatington, PA HOME PRICES

Value Range
> $998,000 0.0
$748,001 - $998,000 0.0
$499,001 - $748,000 0.0
$399,001 - $499,000 0.6
$299,001 - $399,000 0.6
$200,001 - $299,000 9.2
$100,001 - $200,000 61.7
$50,001 - $100,000 20.5
$0 - $50,000 7.3

Average for PA
Low for Nation

Value Relative to Nation Value Relative to State
61.3559123403258 57.5845410628019

Number Of Homes And Apartments:
1,734

Slatington 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
36.63% 1.83% 3 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$948 / per month

Homeownership Rate

Homeownership
Owners 58.02
Renters 41.98
Vacant 7.27

Housing Market Details

 

Age of Homes

AGE OF Slatington HOMES
2000 or Newer 4.4
1970 - 1999 19.1
1940 - 1969 19.6
1939 or Older 56.8

Types of Homes

TYPE OF Slatington HOMES
Single-Family 37.5
Townhomes 31.9
Small Apt. Buildings 18.8
Apt. Complexes 11.3
Mobile Homes 0.5
Other 0.0

Home Size

SIZE OF Slatington HOMES
No Bedroom 2.19
1 Bedroom 18.50
2 Bedrooms 23.10
3 Bedrooms 41.28
4 Bedrooms 11.60
5 or more bedrooms 3.32

Popular Neighborhoods in Slatington

Zip Codes in Slatington, PA