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 13,630, 5,676 total housing units (homes and apartments), and a median house value of $261,401, South Park 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 South Park, accounting for 78.44% of the township's housing units. Other types of housing that are prevalent in South Park include large apartment complexes or high rise apartments ( 12.61%), row houses and other attached homes ( 6.92%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.79%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in South Park. Owner-occupied housing accounts for 79.41% of South Park's homes, and 71.69% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in South Park 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 South Park built between 1940-1969 ( 26.91%). A lesser amount of the housing stock also hails from before 1939 ( 11.22%). There's also some housing in South Park built between 2000 and later ( 8.10%).
South Park's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in South Park during the period has been just 5.29%, which is lower than 70% of US communities.
Over the last year, South Park appreciation rates have trailed the rest of the nation. In the last twelve months, South Park's appreciation rate has been 0.15%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in South Park were at 1.11%, which equates to an annual appreciation rate of 4.51%.
Relative to Pennsylvania, our data show that South Park's latest annual appreciation rate is lower than 90% of the other cities and towns in Pennsylvania.
$261,401
for Pennsylvania
for nation
5,676
$1,753 / per month