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 a population of 4,503, 1,694 total housing units (homes and apartments), and a median house value of $85,596, house prices in West Hazleton 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 West Hazleton, accounting for 40.31% of the borough's housing units. Other types of housing that are prevalent in West Hazleton include row houses and other attached homes ( 33.57%), duplexes, homes converted to apartments or other small apartment buildings ( 19.47%), and a few large apartment complexes or high rise apartments ( 6.34%).
The most prevalent building size and type in West Hazleton are three and four bedroom dwellings, chiefly found in single-family detached homes. The borough has a mixture of owners and renters, with 51.18% owning and 48.82% renting.
The housing in West Hazleton was primarily built before 1939 ( 47.57%), making the housing stock in West Hazleton some of the oldest overall in America, although there is a range of ages of homes in West Hazleton. The next most important housing age is between 1940-1969 ( 37.53%), followed by between 1970-1999 ( 11.66%). There's also some housing in West Hazleton built between 2000 and later ( 3.25%).
Vacant housing appears to be an issue in West Hazleton. Fully 14.10% of the housing stock is classified as vacant. Left unchecked, vacant West Hazleton homes and apartments can be a drag on the real estate market, holding West Hazleton real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Homes have actually lost value in West Hazleton over the last then years, as home values have seen a decline of 24.59% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows West Hazleton home appreciation rates at 2.13%, which equates to an annual appreciation rate of 8.80%.
Over the last year, West Hazleton appreciation rates have trailed the rest of the nation. In the last twelve months, West Hazleton's appreciation rate has been -3.31%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in West Hazleton were at 2.13%, which equates to an annual appreciation rate of 8.80%.
Importantly, this makes West Hazleton one of the highest appreciating communities in the nation for the latest quarter, and may signal the borough's near-future real estate investment strength.
Relative to Pennsylvania, our data show that West Hazleton's latest annual appreciation rate is lower than 90% of the other cities and towns in Pennsylvania.
|$687,001 - $916,000||0.0|
|$458,001 - $687,000||0.0|
|$366,001 - $458,000||0.0|
|$274,001 - $366,000||1.3|
|$183,001 - $274,000||4.9|
|$91,001 - $183,000||26.6|
|$46,001 - $91,000||48.6|
|$0 - $46,000||17.4|
|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 West Hazleton HOMES|
|2000 or Newer||3.2|
|1970 - 1999||11.7|
|1940 - 1969||37.5|
|1939 or Older||47.6|
|TYPE OF West Hazleton HOMES|
|Small Apt. Buildings||19.5|
|SIZE OF West Hazleton HOMES|
|5 or more bedrooms||4.26|