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 12,520 people, 5,726 houses or apartments, and a median cost of homes of $177,214, house prices in St. Marys are solidly below the national average.
Single-family detached homes are the single most common housing type in St. Marys, accounting for 81.67% of the city's housing units. Other types of housing that are prevalent in St. Marys include duplexes, homes converted to apartments or other small apartment buildings ( 7.68%), large apartment complexes or high rise apartments ( 6.24%), and a few mobile homes or trailers ( 3.44%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in St. Marys. Owner-occupied housing accounts for 74.19% of St. Marys's homes, and 69.50% 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. St. Marys's housing was primarily built during this period, from the '40s through the '60s. A full 41.80% of the city's housing hails from this era. Other housing ages represented in St. Marys include homes built between 1970-1999 ( 30.63%) and housing constructed before 1939 ( 21.12%). There's also some housing in St. Marys built between 2000 and later ( 6.45%).
Some of the lowest real estate appreciation rates in America over the last ten years have been in St. Marys, where house values have increased just 54.02%, which is annualized rate of 4.41%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
NeighborhoodScout's data show that during the latest twelve months, St. Marys's appreciation rate, at 5.30%, has been at or slightly above the national average. In the latest quarter, St. Marys's appreciation rate has been 2.01%, which annualizes to a rate of 8.30%.
Relative to Pennsylvania, our data show that St. Marys's latest annual appreciation rate is lower than 60% of the other cities and towns in Pennsylvania.
$177,214
for Pennsylvania
for nation
5,726
$1,104 / per month