Walnutport, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Walnutport, PA Real Estate Data


Walnutport Housing Market Information

With a population of 2,061, 783 total housing units (homes and apartments), and a median house value of $167,070, Walnutport 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 Walnutport, accounting for 66.75% of the borough's housing units. Other types of housing that are prevalent in Walnutport include row houses and other attached homes ( 19.62%), duplexes, homes converted to apartments or other small apartment buildings ( 5.62%), and a few mobile homes or trailers ( 4.67%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Walnutport. Owner-occupied housing accounts for 75.97% of Walnutport's homes, and 64.47% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Walnutport 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 Walnutport built before 1939 ( 29.31%). A lesser amount of the housing stock also hails from between 1940-1969 ( 28.71%). There's also some housing in Walnutport built between 2000 and later ( 8.37%).

Walnutport Home Appreciation Rates

Walnutport's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Walnutport during the period has been just -1.63%, which is lower than 80% of US communities.

Over the last year, Walnutport appreciation rates have trailed the rest of the nation. In the last twelve months, Walnutport's appreciation rate has been 3.61%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Walnutport were at 1.92%, which equates to an annual appreciation rate of 7.90%.

Relative to Pennsylvania, our data show that Walnutport's latest annual appreciation rate is lower than 60% of the other cities and towns in Pennsylvania.

Average Home Values

 

Median Home Value:
$167,070

Walnutport, PA HOME PRICES

Value Range
> $1,022,000 0.0
$767,001 - $1,022,000 0.0
$511,001 - $767,000 0.7
$409,001 - $511,000 2.0
$307,001 - $409,000 1.9
$205,001 - $307,000 14.8
$102,001 - $205,000 65.9
$51,001 - $102,000 12.6
$0 - $51,000 2.0

High for PA
Average for Nation

Value Relative to Nation Value Relative to State
43.895297768929 36.7149758454106

Number Of Homes And Apartments:
783

Rent & Ownership

 

Average Market Rent:
$882 / per month

Homeownership Rate

Homeownership
Owners 75.97
Renters 24.03
Vacant 6.34

Housing Market Details

 

Age of Homes

AGE OF Walnutport HOMES
2000 or Newer 8.4
1970 - 1999 33.6
1940 - 1969 28.7
1939 or Older 29.3

Types of Homes

TYPE OF Walnutport HOMES
Single-Family 66.7
Townhomes 19.6
Small Apt. Buildings 5.6
Apt. Complexes 3.3
Mobile Homes 4.7
Other 0.0

Home Size

SIZE OF Walnutport HOMES
No Bedroom 0.00
1 Bedroom 3.71
2 Bedrooms 29.07
3 Bedrooms 54.55
4 Bedrooms 9.93
5 or more bedrooms 2.75

Walnutport 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
40.06% 2.00% 4 5
* 10 is highest