Willow Street, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Willow Street Neighborhoods Since 2000




Willow Street, 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

Willow Street Housing Market Information

With a population of 7,820, 3,444 total housing units (homes and apartments), and a median house value of $236,318, Willow Street real estate is some of the most expensive in Pennsylvania, although Willow Street home values aren't among America's most expensive.

Large apartment complexes or high rise apartments are the single most common housing type in Willow Street, accounting for 43.89% of the town's housing units. Other types of housing that are prevalent in Willow Street include single-family detached homes ( 43.30%), row houses and other attached homes ( 8.03%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.58%). Towns that are predominantly high-density buildings are relatively uncommon in the US. Because of the density, these types of towns are often walkable and compact, and often have a lively downtown.

People in Willow Street primarily live in small (one, two or no bedroom) units, chiefly found in large apartment complexes or high rise apartments. Willow Street has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Willow Street 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 Willow Street built between 1940-1969 ( 19.20%). A lesser amount of the housing stock also hails from between 2000 and later ( 13.90%). There's also some housing in Willow Street built before 1939 ( 7.63%).

Willow Street Home Appreciation Rates

Real estate appreciation rates in Willow Street's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.07% during the period.

NeighborhoodScout's data show that during the latest twelve months, Willow Street's appreciation rate, at 4.10%, has been at or slightly above the national average. In the latest quarter, Willow Street's appreciation rate has been 0.61%, which annualizes to a rate of 2.48%.

Relative to Pennsylvania, our data show that Willow Street's latest annual appreciation rate is higher than 70% of the other cities and towns in Pennsylvania.

Average Home Values

 

Median Home Value:
$236,318

Willow Street, PA HOME PRICES

Value Range
> $1,067,000 0.3
$800,001 - $1,067,000 0.3
$533,001 - $800,000 3.6
$427,001 - $533,000 4.4
$320,001 - $427,000 12.2
$213,001 - $320,000 34.5
$107,001 - $213,000 39.0
$53,001 - $107,000 3.1
$0 - $53,000 2.6

Very High for PA
High for Nation

Value Relative to Nation Value Relative to State
24.7333880229696 14.1062801932367

Number Of Homes And Apartments:
3,444

Willow Street 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
48.52% 2.32% 6 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,175 / per month

Homeownership Rate

Homeownership
Owners 50.99
Renters 49.01
Vacant 7.77

Housing Market Details

 

Age of Homes

AGE OF Willow Street HOMES
2000 or Newer 13.9
1970 - 1999 59.3
1940 - 1969 19.2
1939 or Older 7.6

Types of Homes

TYPE OF Willow Street HOMES
Single-Family 43.3
Townhomes 8.0
Small Apt. Buildings 4.6
Apt. Complexes 43.9
Mobile Homes 0.2
Other 0.0

Home Size

SIZE OF Willow Street HOMES
No Bedroom 2.89
1 Bedroom 11.54
2 Bedrooms 46.20
3 Bedrooms 23.35
4 Bedrooms 14.17
5 or more bedrooms 1.85