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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.



South Park, 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

South Park, PA Housing Market Trends

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 Home Appreciation Rates

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.

Average Home Values

Median Home Value

$261,401

South Park, PA Home Prices
> $1,248,000
$935,001 - $1,248,000
$624,001 - $935,000
$499,001 - $624,000
$374,001 - $499,000
$249,001 - $374,000
$125,001 - $249,000
$63,001 - $125,000
$0 - $63,000
1.1%
1.1%
0.2%
0.2%
0.4%
0.4%
4.3%
4.3%
8.5%
8.5%
38.5%
38.5%
39.4%
39.4%
4.5%
4.5%
3.2%
3.2%
0% 100.0%
% of Homes
Average

for Pennsylvania

Average

for nation

Number of Homes And Apartments:

5,676

South Park Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,753 / per month

Homeownership Rate

Owners
Renters
79.4%
79.4%
20.6%
20.6%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
3.3%
3.3%
96.7%
96.7%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
8.1%
8.1%
53.8%
53.8%
26.9%
26.9%
11.2%
11.2%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
78.4%
78.4%
6.9%
6.9%
1.8%
1.8%
12.6%
12.6%
0.2%
0.2%
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
0.5%
0.5%
5.7%
5.7%
21.3%
21.3%
51.1%
51.1%
20.6%
20.6%
0.8%
0.8%
0% 100.0%
% of Homes