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 6,065, 2,897 total housing units (homes and apartments), and a median house value of $163,873, house prices in Corry 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 Corry, accounting for 74.30% of the city's housing units. Other types of housing that are prevalent in Corry include large apartment complexes or high rise apartments ( 9.35%), mobile homes or trailers ( 6.53%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.24%).
The most prevalent building size and type in Corry are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 64.96% owning and 35.04% renting.
The housing in Corry was primarily built before 1939 ( 42.23%), making the housing stock in Corry some of the oldest overall in America, although there is a range of ages of homes in Corry. The next most important housing age is between 1970-1999 ( 33.20%), followed by between 1940-1969 ( 22.18%). There's also some housing in Corry built between 2000 and later ( 2.38%).
Corry's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Corry during the period has been just 5.83%, which is lower than 70% of US communities.
Over the last year, Corry appreciation rates have trailed the rest of the nation. In the last twelve months, Corry's appreciation rate has been 1.09%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Corry were at 3.53%, which equates to an annual appreciation rate of 14.90%.
Importantly, this makes Corry one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to Pennsylvania, our data show that Corry's latest annual appreciation rate is lower than 90% of the other cities and towns in Pennsylvania.
$163,873
for Pennsylvania
for nation
2,897
$1,107 / per month