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 518 people, 324 houses or apartments, and a median cost of homes of $429,976, Douglassville real estate is some of the most expensive in Pennsylvania, although Douglassville home values aren't among America's most expensive.
Large apartment complexes or high rise apartments are the single most common housing type in Douglassville, accounting for 70.37% of the town's housing units. Other types of housing that are prevalent in Douglassville include single-family detached homes ( 24.69%), duplexes, homes converted to apartments or other small apartment buildings ( 4.94%). Towns that are predominantly high-density buildings are relatively uncommon in the US. Because of the density, these types of towns are often walkable and compact, and often have a lively downtown.
Douglassville is dominated by renter-occupied one, two, or no bedrooms apartments. 75.31% of Douglassville's dwellings are rentals.
Douglassville homes and real estate are some of the newest in America. 44.75% of Douglassville's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Douglassville real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 25.62%), and before 1939 ( 24.69%). There's also some housing in Douglassville built between 1940-1969 ( 4.94%).
Real estate appreciation rates in Douglassville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.36% during the period.
Appreciation rates are so strong in Douglassville that despite a nationwide downturn in the housing market, Douglassville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Douglassville appreciation rates continue to be some of the highest in America, at 9.03%, which is higher than appreciation rates in 80.97% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Douglassville. Douglassville appreciation rates in the latest quarter were at 2.89%, which equates to an annual appreciation rate of 12.07%.
Relative to Pennsylvania, our data show that Douglassville's latest annual appreciation rate is higher than 70% of the other cities and towns in Pennsylvania.
$429,976
for Pennsylvania
for nation
324
$2,574 / per month