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 9,908 people, 4,483 houses or apartments, and a median cost of homes of $195,236, house prices in Natrona Heights are solidly below the national average.
Single-family detached homes are the single most common housing type in Natrona Heights, accounting for 79.25% of the town's housing units. Other types of housing that are prevalent in Natrona Heights include duplexes, homes converted to apartments or other small apartment buildings ( 8.27%), large apartment complexes or high rise apartments ( 8.00%), and a few row houses and other attached homes ( 4.26%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Natrona Heights. Owner-occupied housing accounts for 74.00% of Natrona Heights's homes, and 59.75% have either three or four bedrooms, which is average sized relative to America.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Natrona Heights's housing was primarily built during this period, from the '40s through the '60s. A full 48.68% of the town's housing hails from this era. Other housing ages represented in Natrona Heights include homes built before 1939 ( 24.51%) and housing constructed between 1970-1999 ( 20.89%). There's also some housing in Natrona Heights built between 2000 and later ( 5.92%).
Vacant housing appears to be an issue in Natrona Heights. Fully 10.39% of the housing stock is classified as vacant. Left unchecked, vacant Natrona Heights homes and apartments can be a drag on the real estate market, holding Natrona Heights real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Real estate appreciation rates in Natrona Heights's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.80% during the period.
Over the last year, Natrona Heights appreciation rates have trailed the rest of the nation. In the last twelve months, Natrona Heights's appreciation rate has been 5.12%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Natrona Heights were at 1.11%, which equates to an annual appreciation rate of 4.51%.
Relative to Pennsylvania, our data show that Natrona Heights's latest annual appreciation rate is lower than 60% of the other cities and towns in Pennsylvania.
$195,236
for Pennsylvania
for nation
4,483
$1,129 / per month