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 3,974, 1,823 total housing units (homes and apartments), and a median house value of $80,659, house prices in Windber 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 Windber, accounting for 61.79% of the borough's housing units. Other types of housing that are prevalent in Windber include row houses and other attached homes ( 15.47%), duplexes, homes converted to apartments or other small apartment buildings ( 13.33%), and a few large apartment complexes or high rise apartments ( 7.55%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Windber. Owner-occupied housing accounts for 65.61% of Windber's homes, and 65.05% have either three or four bedrooms, which is average sized relative to America.
The housing in Windber was primarily built before 1939 ( 57.60%), making the housing stock in Windber some of the oldest overall in America, although there is a range of ages of homes in Windber. The next most important housing age is between 1940-1969 ( 26.33%), followed by between 1970-1999 ( 15.70%).
Vacant housing appears to be an issue in Windber. Fully 15.05% of the housing stock is classified as vacant. Left unchecked, vacant Windber homes and apartments can be a drag on the real estate market, holding Windber 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.
Appreciation rates for homes in Windber have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 9.64%, which ranks in the top 30% nationwide. This equates to an annual average Windber house appreciation rate of 0.92%.
Over the last year, Windber appreciation rates have trailed the rest of the nation. In the last twelve months, Windber's appreciation rate has been 1.69%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Windber were at -1.59%, which equates to an annual appreciation rate of -6.20%.
Notably, Windber's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Pennsylvania, our data show that Windber's latest annual appreciation rate is lower than 60% of the other cities and towns in Pennsylvania.
|$767,001 - $1,023,000||0.0|
|$512,001 - $767,000||0.9|
|$409,001 - $512,000||0.6|
|$307,001 - $409,000||0.8|
|$204,001 - $307,000||2.1|
|$102,001 - $204,000||21.7|
|$51,001 - $102,000||52.8|
|$0 - $51,000||21.1|
|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 Windber HOMES|
|2000 or Newer||0.4|
|1970 - 1999||15.7|
|1940 - 1969||26.3|
|1939 or Older||57.6|
|TYPE OF Windber HOMES|
|Small Apt. Buildings||13.3|
|SIZE OF Windber HOMES|
|5 or more bedrooms||4.94|