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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.



Shavertown, 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

Shavertown, PA Housing Market Trends

With a population of 1,968, 940 total housing units (homes and apartments), and a median house value of $271,699, Shavertown 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 Shavertown, accounting for 78.54% of the town's housing units. Other types of housing that are prevalent in Shavertown include duplexes, homes converted to apartments or other small apartment buildings ( 17.67%), row houses and other attached homes ( 3.79%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Shavertown. Owner-occupied housing accounts for 82.23% of Shavertown's homes, and 69.03% 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. Shavertown's housing was primarily built during this period, from the '40s through the '60s. A full 48.84% of the town's housing hails from this era. Other housing ages represented in Shavertown include homes built between 1970-1999 ( 26.50%) and housing constructed before 1939 ( 19.71%). There's also some housing in Shavertown built between 2000 and later ( 4.95%).

Shavertown Home Appreciation Rates

Shavertown's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Shavertown during the period has been just 4.77%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Shavertown's appreciation rate, at 6.46%, has been at or slightly above the national average. In the latest quarter, Shavertown's appreciation rate has been 6.05%, which annualizes to a rate of 26.51%.

Importantly, this makes Shavertown one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to Pennsylvania, our data show that Shavertown's latest annual appreciation rate is lower than 50% of the other cities and towns in Pennsylvania.

Average Home Values

Median Home Value

$271,699

Shavertown, PA Home Prices
> $1,283,000
$963,001 - $1,283,000
$642,001 - $963,000
$513,001 - $642,000
$385,001 - $513,000
$257,001 - $385,000
$128,001 - $257,000
$64,001 - $128,000
$0 - $64,000
1.3%
1.3%
1.5%
1.5%
6.9%
6.9%
5.9%
5.9%
8.4%
8.4%
27.2%
27.2%
39.5%
39.5%
5.2%
5.2%
4.0%
4.0%
0% 100.0%
% of Homes
Average

for Pennsylvania

Average

for nation

Number of Homes And Apartments:

940

Shavertown Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,753 / per month

Homeownership Rate

Owners
Renters
82.2%
82.2%
17.8%
17.8%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
8.7%
8.7%
91.3%
91.3%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
5.0%
5.0%
26.5%
26.5%
48.8%
48.8%
19.7%
19.7%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
78.5%
78.5%
3.8%
3.8%
17.7%
17.7%
0.0%
0.0%
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
0.0%
0.0%
16.5%
16.5%
12.3%
12.3%
63.9%
63.9%
5.1%
5.1%
2.1%
2.1%
0% 100.0%
% of Homes

Popular Neighborhoods in Shavertown

Zip Codes in Shavertown, PA