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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.



Susquehanna, 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

Susquehanna, PA Housing Market Trends

With a population of 5,235, 2,114 total housing units (homes and apartments), and a median house value of $124,226, house prices in Susquehanna are some of the most affordable in Pennsylvania as well as the nation.

Single-family detached homes are the single most common housing type in Susquehanna, accounting for 75.61% of the town's housing units. Other types of housing that are prevalent in Susquehanna include mobile homes or trailers ( 11.71%), duplexes, homes converted to apartments or other small apartment buildings ( 8.09%), and a few large apartment complexes or high rise apartments ( 4.44%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Susquehanna. Owner-occupied housing accounts for 74.73% of Susquehanna's homes, and 58.75% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Susquehanna 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 Susquehanna built before 1939 ( 37.67%). A lesser amount of the housing stock also hails from between 2000 and later ( 12.04%). There's also some housing in Susquehanna built between 1940-1969 ( 11.86%).

Vacant housing appears to be an issue in Susquehanna. Fully 26.95% of the housing stock is classified as vacant. Left unchecked, vacant Susquehanna homes and apartments can be a drag on the real estate market, holding Susquehanna 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.

Susquehanna Home Appreciation Rates

Susquehanna's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Susquehanna during the period has been just 4.87%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Susquehanna's appreciation rate, at 6.53%, has been at or slightly above the national average. In the latest quarter, Susquehanna's appreciation rate has been 2.01%, which annualizes to a rate of 8.30%.

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

Average Home Values

Median Home Value

$124,226

Susquehanna, PA Home Prices
> $1,201,000
$900,001 - $1,201,000
$600,001 - $900,000
$481,001 - $600,000
$360,001 - $481,000
$240,001 - $360,000
$120,001 - $240,000
$60,001 - $120,000
$0 - $60,000
0.3%
0.3%
1.7%
1.7%
2.2%
2.2%
2.7%
2.7%
5.6%
5.6%
18.6%
18.6%
31.6%
31.6%
26.3%
26.3%
10.9%
10.9%
0% 100.0%
% of Homes
Very Low

for Pennsylvania

Very Low

for nation

Number of Homes And Apartments:

2,114

Susquehanna Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,155 / per month

Homeownership Rate

Owners
Renters
74.7%
74.7%
25.3%
25.3%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
27.0%
27.0%
73.0%
73.0%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
12.0%
12.0%
38.4%
38.4%
11.9%
11.9%
37.7%
37.7%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
75.6%
75.6%
0.1%
0.1%
8.1%
8.1%
4.4%
4.4%
11.7%
11.7%
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
2.7%
2.7%
7.4%
7.4%
26.6%
26.6%
44.4%
44.4%
14.3%
14.3%
4.5%
4.5%
0% 100.0%
% of Homes

Popular Neighborhoods in Susquehanna

Zip Codes in Susquehanna, PA