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 8,156 people, 2,943 houses or apartments, and a median cost of homes of $263,513, Wilson real estate and house prices are near the national average for all cities and towns.
Row houses and other attached homes are the single most common housing type in Wilson, accounting for 48.77% of the borough's housing units. Other types of housing that are prevalent in Wilson include single-family detached homes ( 23.21%), duplexes, homes converted to apartments or other small apartment buildings ( 21.03%), and a few large apartment complexes or high rise apartments ( 6.58%). Boroughs with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact boroughs that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.
The most prevalent building size and type in Wilson are three and four bedroom dwellings, chiefly found in row houses and other attached homes. The borough has a mixture of owners and renters, with 61.74% owning and 38.26% renting.
The housing in Wilson was primarily built before 1939 ( 59.95%), making the housing stock in Wilson some of the oldest overall in America, although there is a range of ages of homes in Wilson. The next most important housing age is between 1940-1969 ( 20.84%), followed by between 1970-1999 ( 15.08%). There's also some housing in Wilson built between 2000 and later ( 4.12%).
Appreciation rates for homes in Wilson have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 111.05%, which ranks in the top 30% nationwide. This equates to an annual average Wilson house appreciation rate of 7.76%.
NeighborhoodScout's data show that during the latest twelve months, Wilson's appreciation rate, at 6.85%, has been at or slightly above the national average. In the latest quarter, Wilson's appreciation rate has been 4.93%, which annualizes to a rate of 21.23%.
Importantly, this makes Wilson one of the highest appreciating communities in the nation for the latest quarter, and may signal the borough's near-future real estate investment strength.
Relative to Pennsylvania, our data show that Wilson's latest annual appreciation rate is lower than 50% of the other cities and towns in Pennsylvania.
$263,513
for Pennsylvania
for nation
2,943
$1,892 / per month