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 9,821, 4,691 total housing units (homes and apartments), and a median house value of $137,344, house prices in North Versailles are some of the most affordable in Pennsylvania as well as the nation.
Single-family detached homes are the single most common housing type in North Versailles, accounting for 63.14% of the township's housing units. Other types of housing that are prevalent in North Versailles include large apartment complexes or high rise apartments ( 19.02%), row houses and other attached homes ( 8.45%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.83%).
People in North Versailles primarily live in small (one, two or no bedroom) single-family detached homes. North Versailles has a mixture of owner-occupied and renter-occupied housing.
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. North Versailles's housing was primarily built during this period, from the '40s through the '60s. A full 49.44% of the township's housing hails from this era. Other housing ages represented in North Versailles include homes built between 1970-1999 ( 22.37%) and housing constructed before 1939 ( 19.85%). There's also some housing in North Versailles built between 2000 and later ( 8.34%).
Real estate appreciation rates in North Versailles's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.17% during the period.
Over the last year, North Versailles appreciation rates have trailed the rest of the nation. In the last twelve months, North Versailles's appreciation rate has been 3.69%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in North Versailles were at 1.11%, which equates to an annual appreciation rate of 4.51%.
Relative to Pennsylvania, our data show that North Versailles's latest annual appreciation rate is lower than 70% of the other cities and towns in Pennsylvania.
$137,344
for Pennsylvania
for nation
4,691
$1,589 / per month