York Springs, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating York Springs Neighborhoods Since 2000




York Springs, 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

York Springs Housing Market Information

With a population of 838, 236 total housing units (homes and apartments), and a median house value of $194,537, York Springs real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in York Springs, accounting for 46.15% of the borough's housing units. Other types of housing that are prevalent in York Springs include duplexes, homes converted to apartments or other small apartment buildings ( 28.08%), row houses and other attached homes ( 14.23%), and a few large apartment complexes or high rise apartments ( 11.54%).

People in York Springs primarily live in small (one, two or no bedroom) single-family detached homes. York Springs has a mixture of owner-occupied and renter-occupied housing.

The housing in York Springs was primarily built before 1939 ( 53.46%), making the housing stock in York Springs some of the oldest overall in America, although there is a range of ages of homes in York Springs. The next most important housing age is between 1940-1969 ( 26.92%), followed by between 1970-1999 ( 13.85%). There's also some housing in York Springs built between 2000 and later ( 5.77%).

York Springs Home Appreciation Rates

York Springs's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in York Springs during the period has been just -1.32%, which is lower than 70% of US communities.

Over the last year, York Springs appreciation rates have trailed the rest of the nation. In the last twelve months, York Springs's appreciation rate has been 1.11%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in York Springs were at -1.77%, which equates to an annual appreciation rate of -6.88%.

Notably, York Springs's appreciation rate in the latest quarter is one of the lowest in America.

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

Average Home Values

 

Median Home Value:
$194,537

York Springs, PA HOME PRICES

Value Range
> $1,043,000 0.6
$782,001 - $1,043,000 1.3
$521,001 - $782,000 2.8
$417,001 - $521,000 2.1
$313,001 - $417,000 8.6
$209,001 - $313,000 28.5
$104,001 - $209,000 35.0
$52,001 - $104,000 8.7
$0 - $52,000 12.4

High for PA
High for Nation

Value Relative to Nation Value Relative to State
33.5989687097152 21.5458937198068

Number Of Homes And Apartments:
236

York Springs 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
41.08% 2.01% 5 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$885 / per month

Homeownership Rate

Homeownership
Owners 47.74
Renters 52.26
Vacant 9.23

Housing Market Details

 

Age of Homes

AGE OF York Springs HOMES
2000 or Newer 5.8
1970 - 1999 13.8
1940 - 1969 26.9
1939 or Older 53.5

Types of Homes

TYPE OF York Springs HOMES
Single-Family 46.2
Townhomes 14.2
Small Apt. Buildings 28.1
Apt. Complexes 11.5
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF York Springs HOMES
No Bedroom 0.00
1 Bedroom 11.54
2 Bedrooms 39.23
3 Bedrooms 38.85
4 Bedrooms 8.46
5 or more bedrooms 1.92