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 629, 275 total housing units (homes and apartments), and a median house value of $258,461, Shickshinny real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Shickshinny, accounting for 67.25% of the borough's housing units. Other types of housing that are prevalent in Shickshinny include duplexes, homes converted to apartments or other small apartment buildings ( 16.08%), large apartment complexes or high rise apartments ( 10.53%), and a few row houses and other attached homes ( 5.56%).
The most prevalent building size and type in Shickshinny are three and four bedroom dwellings, chiefly found in single-family detached homes. The borough has a mixture of owners and renters, with 61.09% owning and 38.91% renting.
The housing in Shickshinny was primarily built before 1939 ( 45.03%), making the housing stock in Shickshinny some of the oldest overall in America, although there is a range of ages of homes in Shickshinny. The next most important housing age is between 1940-1969 ( 32.46%), followed by between 1970-1999 ( 20.18%). There's also some housing in Shickshinny built between 2000 and later ( 2.34%).
Vacant housing appears to be an issue in Shickshinny. Fully 19.59% of the housing stock is classified as vacant. Left unchecked, vacant Shickshinny homes and apartments can be a drag on the real estate market, holding Shickshinny 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.
Real estate appreciation rates in Shickshinny's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.41% during the period.
Over the last year, Shickshinny appreciation rates have trailed the rest of the nation. In the last twelve months, Shickshinny's appreciation rate has been 3.52%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Shickshinny were at -0.13%, which equates to an annual appreciation rate of -0.51%.
Relative to Pennsylvania, our data show that Shickshinny's latest annual appreciation rate is lower than 80% of the other cities and towns in Pennsylvania.
$258,461
for Pennsylvania
for nation
275
$1,244 / per month