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 1,411, 644 total housing units (homes and apartments), and a median house value of $156,260, house prices in Burgettstown 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 Burgettstown, accounting for 72.67% of the borough's housing units. Other types of housing that are prevalent in Burgettstown include duplexes, homes converted to apartments or other small apartment buildings ( 20.03%), large apartment complexes or high rise apartments ( 5.55%), and a few mobile homes or trailers ( 1.49%).
The most prevalent building size and type in Burgettstown are three and four bedroom dwellings, chiefly found in single-family detached homes. The borough has a mixture of owners and renters, with 54.93% owning and 45.07% renting.
The housing in Burgettstown was primarily built before 1939 ( 54.67%), making the housing stock in Burgettstown some of the oldest overall in America, although there is a range of ages of homes in Burgettstown. The next most important housing age is between 1940-1969 ( 31.94%), followed by between 1970-1999 ( 10.96%). There's also some housing in Burgettstown built between 2000 and later ( 2.44%).
Vacant housing appears to be an issue in Burgettstown. Fully 12.86% of the housing stock is classified as vacant. Left unchecked, vacant Burgettstown homes and apartments can be a drag on the real estate market, holding Burgettstown 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.
Some of the lowest real estate appreciation rates in America over the last ten years have been in Burgettstown, where house values have increased just 29.53%, which is annualized rate of 2.62%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Over the last year, Burgettstown appreciation rates have trailed the rest of the nation. In the last twelve months, Burgettstown's appreciation rate has been -6.87%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Burgettstown were at 1.11%, which equates to an annual appreciation rate of 4.51%.
Relative to Pennsylvania, our data show that Burgettstown's latest annual appreciation rate is lower than 90% of the other cities and towns in Pennsylvania.
$156,260
for Pennsylvania
for nation
644
$1,065 / per month