Vanderbilt, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Vanderbilt Neighborhoods Since 2000




Vanderbilt, 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

Vanderbilt Housing Market Information

With a population of 468, 189 total housing units (homes and apartments), and a median house value of $79,244, house prices in Vanderbilt are some of the most affordable in Pennsylvania as well as the nation.

Single-family detached homes are the single most common housing type in Vanderbilt, accounting for 84.85% of the borough's housing units. Other types of housing that are prevalent in Vanderbilt include duplexes, homes converted to apartments or other small apartment buildings ( 9.09%), mobile homes or trailers ( 4.04%), and a few large apartment complexes or high rise apartments ( 1.01%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Vanderbilt. Owner-occupied housing accounts for 71.43% of Vanderbilt's homes, and 47.47% have either three or four bedrooms, which is average sized relative to America.

The housing in Vanderbilt was primarily built before 1939 ( 67.17%), making the housing stock in Vanderbilt some of the oldest overall in America, although there is a range of ages of homes in Vanderbilt. The next most important housing age is between 1940-1969 ( 28.28%), followed by between 2000 and later ( 3.03%). There's also some housing in Vanderbilt built between 1970-1999 ( 1.52%).

Vanderbilt Home Appreciation Rates

In the last 10 years, Vanderbilt has experienced some of the highest home appreciation rates of any community in the nation. Vanderbilt real estate appreciated 19.03% over the last ten years, which is an average annual home appreciation rate of 1.76%, putting Vanderbilt in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Vanderbilt 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, Vanderbilt appreciation rates have trailed the rest of the nation. In the last twelve months, Vanderbilt's appreciation rate has been 2.10%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Vanderbilt were at -0.41%, which equates to an annual appreciation rate of -1.65%.

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

Average Home Values

 

Median Home Value:
$79,244

Vanderbilt, PA HOME PRICES

Value Range
> $1,102,000 0.0
$827,001 - $1,102,000 0.0
$551,001 - $827,000 0.0
$441,001 - $551,000 0.0
$331,001 - $441,000 0.0
$220,001 - $331,000 1.6
$110,001 - $220,000 21.1
$55,001 - $110,000 49.4
$0 - $55,000 27.9

Very Low for PA
Very Low for Nation

Value Relative to Nation Value Relative to State
90.9469119887496 89.1787439613527

Number Of Homes And Apartments:
189

Vanderbilt 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
55.98% 2.61% 8 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$734 / per month

Homeownership Rate

Homeownership
Owners 71.43
Renters 28.57
Vacant 4.55

Housing Market Details

 

Age of Homes

AGE OF Vanderbilt HOMES
2000 or Newer 3.0
1970 - 1999 1.5
1940 - 1969 28.3
1939 or Older 67.2

Types of Homes

TYPE OF Vanderbilt HOMES
Single-Family 84.8
Townhomes 1.0
Small Apt. Buildings 9.1
Apt. Complexes 1.0
Mobile Homes 4.0
Other 0.0

Home Size

SIZE OF Vanderbilt HOMES
No Bedroom 9.60
1 Bedroom 2.02
2 Bedrooms 30.30
3 Bedrooms 33.84
4 Bedrooms 13.64
5 or more bedrooms 10.61