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 4,990 people, 2,200 houses or apartments, and a median cost of homes of $97,755, house prices in Vandergrift 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 Vandergrift, accounting for 70.67% of the borough's housing units. Other types of housing that are prevalent in Vandergrift include duplexes, homes converted to apartments or other small apartment buildings ( 16.06%), row houses and other attached homes ( 6.39%), and a few large apartment complexes or high rise apartments ( 5.19%).
The most prevalent building size and type in Vandergrift are three and four bedroom dwellings, chiefly found in single-family detached homes. The borough has a mixture of owners and renters, with 52.47% owning and 47.53% renting.
The housing in Vandergrift was primarily built before 1939 ( 51.70%), making the housing stock in Vandergrift some of the oldest overall in America, although there is a range of ages of homes in Vandergrift. The next most important housing age is between 1940-1969 ( 36.22%), followed by between 1970-1999 ( 10.14%). There's also some housing in Vandergrift built between 2000 and later ( 1.94%).
Vacant housing appears to be an issue in Vandergrift. Fully 14.86% of the housing stock is classified as vacant. Left unchecked, vacant Vandergrift homes and apartments can be a drag on the real estate market, holding Vandergrift 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.
Some of the lowest real estate appreciation rates in America over the last ten years have been in Vandergrift, where house values have increased just 48.24%, which is annualized rate of 4.02%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Over the last year, Vandergrift appreciation rates have trailed the rest of the nation. In the last twelve months, Vandergrift's appreciation rate has been 0.18%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Vandergrift were at 1.11%, which equates to an annual appreciation rate of 4.51%.
Relative to Pennsylvania, our data show that Vandergrift's latest annual appreciation rate is lower than 90% of the other cities and towns in Pennsylvania.
$97,755
for Pennsylvania
for nation
2,200
$1,157 / per month