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 1,554 people, 665 houses or apartments, and a median cost of homes of $256,347, East Berlin 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 East Berlin, accounting for 65.49% of the borough's housing units. Other types of housing that are prevalent in East Berlin include duplexes, homes converted to apartments or other small apartment buildings ( 19.91%), large apartment complexes or high rise apartments ( 7.08%), and a few row houses and other attached homes ( 6.05%).
The most prevalent building size and type in East Berlin are three and four bedroom dwellings, chiefly found in single-family detached homes. The borough has a mixture of owners and renters, with 62.43% owning and 37.57% renting.
There is a lot of housing in East Berlin 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 East Berlin built between 1940-1969 ( 28.91%). A lesser amount of the housing stock also hails from before 1939 ( 25.37%). There's also some housing in East Berlin built between 2000 and later ( 12.98%).
East Berlin's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in East Berlin during the period has been just 4.56%, which is lower than 80% of US communities.
Appreciation rates are so strong in East Berlin that despite a nationwide downturn in the housing market, East Berlin real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, East Berlin appreciation rates continue to be some of the highest in America, at 8.01%, which is higher than appreciation rates in 70.29% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in East Berlin. East Berlin appreciation rates in the latest quarter were at 1.47%, which equates to an annual appreciation rate of 6.00%.
Relative to Pennsylvania, our data show that East Berlin's latest annual appreciation rate is higher than 70% of the other cities and towns in Pennsylvania.
$256,347
for Pennsylvania
for nation
665
$1,590 / per month