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 2,297, 1,014 total housing units (homes and apartments), and a median house value of $205,583, house prices in New Stanton are solidly below the national average.
Single-family detached homes are the single most common housing type in New Stanton, accounting for 60.05% of the borough's housing units. Other types of housing that are prevalent in New Stanton include large apartment complexes or high rise apartments ( 24.89%), duplexes, homes converted to apartments or other small apartment buildings ( 7.21%), and a few row houses and other attached homes ( 5.68%).
The most prevalent building size and type in New Stanton are three and four bedroom dwellings, chiefly found in single-family detached homes. The borough has a mixture of owners and renters, with 60.80% owning and 39.20% renting.
There is a lot of housing in New Stanton 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 New Stanton built between 1940-1969 ( 29.94%). A lesser amount of the housing stock also hails from between 2000 and later ( 17.04%). There's also some housing in New Stanton built before 1939 ( 10.91%).
New Stanton's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in New Stanton during the period has been just 5.05%, which is lower than 80% of US communities.
Over the last year, New Stanton appreciation rates have trailed the rest of the nation. In the last twelve months, New Stanton's appreciation rate has been 3.26%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in New Stanton were at 1.11%, which equates to an annual appreciation rate of 4.51%.
Relative to Pennsylvania, our data show that New Stanton's latest annual appreciation rate is lower than 70% of the other cities and towns in Pennsylvania.
$205,583
for Pennsylvania
for nation
1,014
$1,572 / per month