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 11,234 people, 4,198 houses or apartments, and a median cost of homes of $189,086, house prices in Bushkill are solidly below the national average.
Single-family detached homes are the single most common housing type in Bushkill, accounting for 91.30% of the town's housing units. Other types of housing that are prevalent in Bushkill include row houses and other attached homes ( 6.91%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Bushkill. Owner-occupied housing accounts for 87.77% of Bushkill's homes, and 84.49% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Bushkill built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Bushkill built between 2000 and later ( 30.16%). A lesser amount of the housing stock also hails from before 1939 ( 5.40%). There's also some housing in Bushkill built between 1940-1969 ( 2.23%).
A decent proportion of the Bushkill housing stock is seasonally occupied. That is, homes and condos in Bushkill are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. This characteristic of the Bushkill housing market speaks to its popularity as a vacation location of choice.
Some of the lowest real estate appreciation rates in America over the last ten years have been in Bushkill, where house values have increased just 48.49%, which is annualized rate of 4.03%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Appreciation rates are so strong in Bushkill that despite a nationwide downturn in the housing market, Bushkill real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Bushkill appreciation rates continue to be some of the highest in America, at 9.19%, which is higher than appreciation rates in 82.13% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Bushkill. Bushkill appreciation rates in the latest quarter were at 2.82%, which equates to an annual appreciation rate of 11.77%.
Relative to Pennsylvania, our data show that Bushkill's latest annual appreciation rate is higher than 80% of the other cities and towns in Pennsylvania.
$189,086
for Pennsylvania
for nation
4,198
$3,498 / per month