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 about Scout's Real Estate Data
With a population of 9,149, 4,175 total housing units (homes and apartments), and a median house value of $388,874, Willow Street real estate is some of the most expensive in Pennsylvania, although Willow Street home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Willow Street, accounting for 38.49% of the town's housing units. Other types of housing that are prevalent in Willow Street include large apartment complexes or high rise apartments ( 35.67%), row houses and other attached homes ( 19.77%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.72%).
People in Willow Street primarily live in small (one, two or no bedroom) single-family detached homes. 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 2000 and later ( 28.46%). A lesser amount of the housing stock also hails from between 1940-1969 ( 15.59%). There's also some housing in Willow Street built before 1939 ( 8.27%).
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 5.91% during the period.
Appreciation rates are so strong in Willow Street that despite a nationwide downturn in the housing market, Willow Street real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Willow Street appreciation rates continue to be some of the highest in America, at 8.46%, which is higher than appreciation rates in 88.70% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Willow Street. Willow Street appreciation rates in the latest quarter were at -1.10%, which equates to an annual appreciation rate of -4.34%.
Notably, Willow Street's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Pennsylvania, our data show that Willow Street's latest annual appreciation rate is higher than 80% of the other cities and towns in Pennsylvania.
$388,874
for Pennsylvania
for nation
4,175
$3,494 / per month