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 3,613 people, 1,601 houses or apartments, and a median cost of homes of $78,086, house prices in Port Vue 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 Port Vue, accounting for 89.92% of the borough's housing units. Other types of housing that are prevalent in Port Vue include large apartment complexes or high rise apartments ( 4.44%), row houses and other attached homes ( 3.53%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.11%).
Dwellings in Port Vue tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 50.23% of the homes in Port Vue have two or fewer bedrooms.
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. Port Vue's housing was primarily built during this period, from the '40s through the '60s. A full 66.80% of the borough's housing hails from this era. Other housing ages represented in Port Vue include homes built before 1939 ( 25.63%) and housing constructed between 1970-1999 ( 5.30%). There's also some housing in Port Vue built between 2000 and later ( 2.28%).
Some of the lowest real estate appreciation rates in America over the last ten years have been in Port Vue, where house values have increased just 40.79%, which is annualized rate of 3.48%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Over the last year, Port Vue appreciation rates have trailed the rest of the nation. In the last twelve months, Port Vue's appreciation rate has been -0.70%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Port Vue were at 1.11%, which equates to an annual appreciation rate of 4.51%.
Relative to Pennsylvania, our data show that Port Vue's latest annual appreciation rate is lower than 90% of the other cities and towns in Pennsylvania.
$78,086
for Pennsylvania
for nation
1,601
$1,496 / per month