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 5,997, 2,811 total housing units (homes and apartments), and a median house value of $274,223, Dickson City 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 Dickson City, accounting for 70.88% of the borough's housing units. Other types of housing that are prevalent in Dickson City include duplexes, homes converted to apartments or other small apartment buildings ( 14.54%), large apartment complexes or high rise apartments ( 7.40%), and a few row houses and other attached homes ( 6.89%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Dickson City. Owner-occupied housing accounts for 67.15% of Dickson City's homes, and 60.46% have either three or four bedrooms, which is average sized relative to America.
The housing in Dickson City was primarily built before 1939 ( 40.86%), making the housing stock in Dickson City some of the oldest overall in America, although there is a range of ages of homes in Dickson City. The next most important housing age is between 1940-1969 ( 34.20%), followed by between 1970-1999 ( 17.66%). There's also some housing in Dickson City built between 2000 and later ( 7.27%).
Dickson City's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Dickson City during the period has been just 5.53%, which is lower than 70% of US communities.
Appreciation rates are so strong in Dickson City that despite a nationwide downturn in the housing market, Dickson City real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Dickson City appreciation rates continue to be some of the highest in America, at 9.74%, which is higher than appreciation rates in 85.98% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Dickson City. Dickson City appreciation rates in the latest quarter were at 6.05%, which equates to an annual appreciation rate of 26.51%.
Importantly, this makes Dickson City 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 Dickson City's latest annual appreciation rate is higher than 80% of the other cities and towns in Pennsylvania.
$274,223
for Pennsylvania
for nation
2,811
$1,360 / per month