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 4,362 people, 2,186 houses or apartments, and a median cost of homes of $257,885, Beaver real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Beaver, accounting for 59.03% of the borough's housing units. Other types of housing that are prevalent in Beaver include duplexes, homes converted to apartments or other small apartment buildings ( 19.11%), large apartment complexes or high rise apartments ( 17.59%), and a few row houses and other attached homes ( 4.27%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Beaver. Owner-occupied housing accounts for 66.53% of Beaver's homes, and 47.58% have either three or four bedrooms, which is average sized relative to America.
The housing in Beaver was primarily built before 1939 ( 55.51%), making the housing stock in Beaver some of the oldest overall in America, although there is a range of ages of homes in Beaver. The next most important housing age is between 1940-1969 ( 25.86%), followed by between 1970-1999 ( 12.97%). There's also some housing in Beaver built between 2000 and later ( 5.66%).
Some of the lowest real estate appreciation rates in America over the last ten years have been in Beaver, where house values have increased just 51.39%, which is annualized rate of 4.23%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Over the last year, Beaver appreciation rates have trailed the rest of the nation. In the last twelve months, Beaver's appreciation rate has been 3.05%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Beaver were at 1.11%, which equates to an annual appreciation rate of 4.51%.
Relative to Pennsylvania, our data show that Beaver's latest annual appreciation rate is lower than 80% of the other cities and towns in Pennsylvania.
One very important thing to keep in mind is that these are average appreciation rates for the borough. Individual neighborhoods within Beaver differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Beaver - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Beaver real estate investment or home purchase decisions.
$257,885
for Pennsylvania
for nation
2,186
$1,318 / per month