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 1,965 people, 839 houses or apartments, and a median cost of homes of $338,570, Effort real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Effort, accounting for 89.09% of the town's housing units. Other types of housing that are prevalent in Effort include row houses and other attached homes ( 4.21%), duplexes, homes converted to apartments or other small apartment buildings ( 2.70%), and a few large apartment complexes or high rise apartments ( 2.59%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Effort. Owner-occupied housing accounts for 80.10% of Effort's homes, and 77.11% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Effort 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 Effort built between 1940-1969 ( 18.68%). A lesser amount of the housing stock also hails from between 2000 and later ( 9.40%).
In the last 10 years, Effort has experienced some of the highest home appreciation rates of any community in the nation. Effort real estate appreciated 117.40% over the last ten years, which is an average annual home appreciation rate of 8.08%, putting Effort in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Effort definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
NeighborhoodScout's data show that during the latest twelve months, Effort's appreciation rate, at 6.91%, has been at or slightly above the national average. In the latest quarter, Effort's appreciation rate has been -4.11%, which annualizes to a rate of -15.47%.
Notably, Effort's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Pennsylvania, our data show that Effort's latest annual appreciation rate is higher than 50% of the other cities and towns in Pennsylvania.
$338,570
for Pennsylvania
for nation
839
$2,430 / per month