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
With 13,498 people, 5,468 houses or apartments, and a median cost of homes of $172,356, South Park Township 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 South Park Township, accounting for 74.88% of the town's housing units. Other types of housing that are prevalent in South Park Township include large apartment complexes or high rise apartments ( 14.50%), row houses and other attached homes ( 7.07%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.56%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in South Park Township. Owner-occupied housing accounts for 77.26% of South Park Township's homes, and 70.49% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in South Park Township built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in South Park Township built between 1940-1969 ( 26.13%). A lesser amount of the housing stock also hails from before 1939 ( 12.41%). There's also some housing in South Park Township built between 2000 and later ( 5.53%).
In the last 10 years, South Park Township has experienced some of the highest home appreciation rates of any community in the nation. South Park Township real estate appreciated 15.78% over the last ten years, which is an average annual home appreciation rate of 1.48%, putting South Park Township in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, South Park Township definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Over the last year, South Park Township appreciation rates have trailed the rest of the nation. In the last twelve months, South Park Township's appreciation rate has been -0.61%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in South Park Township were at -0.41%, which equates to an annual appreciation rate of -1.65%.
Relative to Pennsylvania, our data show that South Park Township's latest annual appreciation rate is lower than 80% of the other cities and towns in Pennsylvania.
|$804,001 - $1,072,000||0.0|
|$536,001 - $804,000||1.1|
|$429,001 - $536,000||0.0|
|$322,001 - $429,000||3.8|
|$214,001 - $322,000||15.3|
|$107,001 - $214,000||63.6|
|$54,001 - $107,000||13.4|
|$0 - $54,000||2.8|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF South Park Township HOMES|
|2000 or Newer||5.5|
|1970 - 1999||55.9|
|1940 - 1969||26.1|
|1939 or Older||12.4|
|TYPE OF South Park Township HOMES|
|Small Apt. Buildings||3.6|
|SIZE OF South Park Township HOMES|
|5 or more bedrooms||1.11|