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 2,959 people, 1,421 houses or apartments, and a median cost of homes of $216,016, house prices in Girard are solidly below the national average.
Single-family detached homes are the single most common housing type in Girard, accounting for 53.90% of the borough's housing units. Other types of housing that are prevalent in Girard include duplexes, homes converted to apartments or other small apartment buildings ( 24.76%), large apartment complexes or high rise apartments ( 11.49%), and a few row houses and other attached homes ( 7.59%).
The most prevalent building size and type in Girard are three and four bedroom dwellings, chiefly found in single-family detached homes. The borough has a mixture of owners and renters, with 54.96% owning and 45.04% renting.
The housing in Girard was primarily built before 1939 ( 40.01%), making the housing stock in Girard some of the oldest overall in America, although there is a range of ages of homes in Girard. The next most important housing age is between 1940-1969 ( 28.45%), followed by between 1970-1999 ( 24.01%). There's also some housing in Girard built between 2000 and later ( 7.52%).
Girard's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Girard during the period has been just 5.58%, which is lower than 70% of US communities.
Over the last year, Girard appreciation rates have trailed the rest of the nation. In the last twelve months, Girard's appreciation rate has been 4.80%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Girard were at 4.51%, which equates to an annual appreciation rate of 19.28%.
Importantly, this makes Girard 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 Girard's latest annual appreciation rate is lower than 70% of the other cities and towns in Pennsylvania.
$216,016
for Pennsylvania
for nation
1,421
$912 / per month