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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Berwick, PA Real Estate Market

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 Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Berwick, PA Housing Market Trends

With 10,270 people, 4,557 houses or apartments, and a median cost of homes of $184,011, house prices in Berwick are solidly below the national average.

Single-family detached homes are the single most common housing type in Berwick, accounting for 60.45% of the borough's housing units. Other types of housing that are prevalent in Berwick include duplexes, homes converted to apartments or other small apartment buildings ( 19.21%), row houses and other attached homes ( 9.70%), and a few large apartment complexes or high rise apartments ( 7.76%).

The most prevalent building size and type in Berwick are three and four bedroom dwellings, chiefly found in single-family detached homes. The borough has a mixture of owners and renters, with 61.33% owning and 38.67% renting.

The housing in Berwick was primarily built before 1939 ( 36.65%), making the housing stock in Berwick some of the oldest overall in America, although there is a range of ages of homes in Berwick. The next most important housing age is between 1970-1999 ( 33.22%), followed by between 1940-1969 ( 26.96%). There's also some housing in Berwick built between 2000 and later ( 3.17%).

Berwick Home Appreciation Rates

Berwick's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Berwick during the period has been just 4.55%, which is lower than 80% of US communities.

Over the last year, Berwick appreciation rates have trailed the rest of the nation. In the last twelve months, Berwick's appreciation rate has been 1.86%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Berwick were at 3.52%, which equates to an annual appreciation rate of 14.86%.

Importantly, this makes Berwick one of the highest appreciating communities in the nation for the latest quarter, and may signal the borough's near-future real estate investment strength.

Relative to Pennsylvania, our data show that Berwick's latest annual appreciation rate is lower than 80% of the other cities and towns in Pennsylvania.

Average Home Values

Median Home Value

$184,011

Berwick, PA Home Prices
> $1,336,000
$1,003,001 - $1,336,000
$668,001 - $1,003,000
$535,001 - $668,000
$401,001 - $535,000
$267,001 - $401,000
$134,001 - $267,000
$67,001 - $134,000
$0 - $67,000
0.0%
0.0%
0.0%
0.0%
0.8%
0.8%
0.0%
0.0%
2.1%
2.1%
15.8%
15.8%
59.1%
59.1%
17.5%
17.5%
4.8%
4.8%
0% 100.0%
% of Homes
Low

for Pennsylvania

Low

for nation

Number of Homes And Apartments:

4,557

Berwick Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,120 / per month

Homeownership Rate

Owners
Renters
61.3%
61.3%
38.7%
38.7%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
9.1%
9.1%
90.9%
90.9%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
3.2%
3.2%
33.2%
33.2%
27.0%
27.0%
36.7%
36.7%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
60.5%
60.5%
9.7%
9.7%
19.2%
19.2%
7.8%
7.8%
2.9%
2.9%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.3%
0.3%
13.9%
13.9%
27.3%
27.3%
43.7%
43.7%
11.2%
11.2%
3.6%
3.6%
0% 100.0%
% of Homes