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 2,905 people, 1,090 houses or apartments, and a median cost of homes of $306,781, Bath 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 Bath, accounting for 43.43% of the borough's housing units. Other types of housing that are prevalent in Bath include large apartment complexes or high rise apartments ( 21.63%), row houses and other attached homes ( 18.03%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 16.91%).
The most prevalent building size and type in Bath are three and four bedroom dwellings, chiefly found in single-family detached homes. The borough has a mixture of owners and renters, with 56.66% owning and 43.34% renting.
There is a lot of housing in Bath 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 Bath built before 1939 ( 30.64%). A lesser amount of the housing stock also hails from between 1940-1969 ( 19.91%). There's also some housing in Bath built between 2000 and later ( 17.51%).
Real estate appreciation rates in Bath's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.07% during the period.
Appreciation rates are so strong in Bath that despite a nationwide downturn in the housing market, Bath real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Bath appreciation rates continue to be some of the highest in America, at 7.71%, which is higher than appreciation rates in 95.81% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Bath. Bath appreciation rates in the latest quarter were at 1.40%, which equates to an annual appreciation rate of 5.74%.
Relative to Pennsylvania, our data show that Bath's latest annual appreciation rate is higher than 90% of the other cities and towns in Pennsylvania.
$306,781
for Pennsylvania
for nation
1,090
$2,142 / per month