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 30,341, 10,442 total housing units (homes and apartments), and a median house value of $238,655, house prices in Easton are solidly below the national average.
Row houses and other attached homes are the single most common housing type in Easton, accounting for 33.28% of the city's housing units. Other types of housing that are prevalent in Easton include single-family detached homes ( 26.85%), large apartment complexes or high rise apartments ( 20.37%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 19.22%). This particular housing mix is relatively uncommon and characteristic of cities that are compact and walkable, and which often have a lively downtown.
People in Easton primarily live in small (one, two or no bedroom) row houses and other attached homes. Easton has a mixture of owner-occupied and renter-occupied housing.
The housing in Easton was primarily built before 1939 ( 63.31%), making the housing stock in Easton some of the oldest overall in America, although there is a range of ages of homes in Easton. The next most important housing age is between 1940-1969 ( 17.05%), followed by between 1970-1999 ( 14.34%). There's also some housing in Easton built between 2000 and later ( 5.30%).
Appreciation rates for homes in Easton have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 97.41%, which ranks in the top 40% nationwide. This equates to an annual average Easton house appreciation rate of 7.04%.
NeighborhoodScout's data show that during the latest twelve months, Easton's appreciation rate, at 6.50%, has been at or slightly above the national average. In the latest quarter, Easton's appreciation rate has been 4.93%, which annualizes to a rate of 21.23%.
Importantly, NeighborhoodScout’s exclusive research found that Easton's housing market shows one of the <a href="/blog/highest-appreciating-cities">top real estate appreciation rates in the U.S.A.</a> in the latest quarter, which may signal the city’s near-future real estate investment strength.
Relative to Pennsylvania, our data show that Easton's latest annual appreciation rate is lower than 50% of the other cities and towns in Pennsylvania.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Easton differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Easton - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Easton real estate investment or home purchase decisions.
$238,655
for Pennsylvania
for nation
10,442
$2,072 / per month