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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Matamoras, PA Real Estate Market

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Matamoras, PA Housing Market Trends

With 1,204 people, 1,064 houses or apartments, and a median cost of homes of $269,144, Matamoras 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 Matamoras, accounting for 79.32% of the borough's housing units. Other types of housing that are prevalent in Matamoras include duplexes, homes converted to apartments or other small apartment buildings ( 15.03%), large apartment complexes or high rise apartments ( 3.48%), and a few row houses and other attached homes ( 2.17%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Matamoras. Owner-occupied housing accounts for 69.84% of Matamoras's homes, and 63.34% have either three or four bedrooms, which is average sized relative to America.

The housing in Matamoras was primarily built before 1939 ( 45.44%), making the housing stock in Matamoras some of the oldest overall in America, although there is a range of ages of homes in Matamoras. The next most important housing age is between 1940-1969 ( 23.02%), followed by between 1970-1999 ( 16.68%). There's also some housing in Matamoras built between 2000 and later ( 14.86%).

Matamoras Home Appreciation Rates

Matamoras's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Matamoras during the period has been just 4.94%, which is lower than 80% of US communities.

Over the last year, Matamoras appreciation rates have trailed the rest of the nation. In the last twelve months, Matamoras's appreciation rate has been 2.02%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Matamoras were at 2.82%, which equates to an annual appreciation rate of 11.77%.

Relative to Pennsylvania, our data show that Matamoras's latest annual appreciation rate is lower than 80% of the other cities and towns in Pennsylvania.

Average Home Values

Median Home Value

$269,144

Matamoras, PA Home Prices
> $1,267,000
$951,001 - $1,267,000
$634,001 - $951,000
$507,001 - $634,000
$380,001 - $507,000
$254,001 - $380,000
$127,001 - $254,000
$63,001 - $127,000
$0 - $63,000
4.3%
4.3%
0.5%
0.5%
0.0%
0.0%
3.6%
3.6%
3.3%
3.3%
54.5%
54.5%
30.3%
30.3%
0.6%
0.6%
3.0%
3.0%
0% 100.0%
% of Homes
Average

for Pennsylvania

Average

for nation

Number of Homes And Apartments:

1,064

Matamoras Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,646 / per month

Homeownership Rate

Owners
Renters
69.8%
69.8%
30.2%
30.2%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
7.6%
7.6%
92.4%
92.4%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
14.9%
14.9%
16.7%
16.7%
23.0%
23.0%
45.4%
45.4%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
79.3%
79.3%
2.2%
2.2%
15.0%
15.0%
3.5%
3.5%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.0%
2.0%
9.6%
9.6%
23.2%
23.2%
52.5%
52.5%
10.9%
10.9%
1.8%
1.8%
0% 100.0%
% of Homes

Popular Neighborhoods in Matamoras

Zip Codes in Matamoras, PA