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 937, 351 total housing units (homes and apartments), and a median house value of $199,332, house prices in Stoneboro are solidly below the national average.
Single-family detached homes are the single most common housing type in Stoneboro, accounting for 76.23% of the borough's housing units. Other types of housing that are prevalent in Stoneboro include large apartment complexes or high rise apartments ( 9.80%), mobile homes or trailers ( 9.56%), and a few row houses and other attached homes ( 2.94%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Stoneboro. Owner-occupied housing accounts for 73.50% of Stoneboro's homes, and 59.07% have either three or four bedrooms, which is average sized relative to America.
The housing in Stoneboro was primarily built before 1939 ( 36.76%), making the housing stock in Stoneboro some of the oldest overall in America, although there is a range of ages of homes in Stoneboro. The next most important housing age is between 1940-1969 ( 27.70%), followed by between 1970-1999 ( 22.30%). There's also some housing in Stoneboro built between 2000 and later ( 13.24%).
Vacant housing appears to be an issue in Stoneboro. Fully 13.97% of the housing stock is classified as vacant. Left unchecked, vacant Stoneboro homes and apartments can be a drag on the real estate market, holding Stoneboro real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Appreciation rates for homes in Stoneboro have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 100.01%, which ranks in the top 40% nationwide. This equates to an annual average Stoneboro house appreciation rate of 7.18%.
NeighborhoodScout's data show that during the latest twelve months, Stoneboro's appreciation rate, at 6.54%, has been at or slightly above the national average. In the latest quarter, Stoneboro's appreciation rate has been 2.48%, which annualizes to a rate of 10.29%.
Relative to Pennsylvania, our data show that Stoneboro's latest annual appreciation rate is lower than 50% of the other cities and towns in Pennsylvania.
$199,332
for Pennsylvania
for nation
351
$1,194 / per month