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 13,390 people, 5,065 houses or apartments, and a median cost of homes of $208,685, house prices in Coatesville are solidly below the national average.
Row houses and other attached homes are the single most common housing type in Coatesville, accounting for 45.42% of the city's housing units. Other types of housing that are prevalent in Coatesville include large apartment complexes or high rise apartments ( 22.02%), single-family detached homes ( 20.46%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 11.34%). Cities with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact cities 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 Coatesville are three and four bedroom dwellings, chiefly found in row houses and other attached homes. The city has a mixture of owners and renters, with 39.67% owning and 60.33% renting.
The housing in Coatesville was primarily built before 1939 ( 37.38%), making the housing stock in Coatesville some of the oldest overall in America, although there is a range of ages of homes in Coatesville. The next most important housing age is between 1940-1969 ( 23.91%), followed by between 2000 and later ( 23.27%). There's also some housing in Coatesville built between 1970-1999 ( 15.43%).
Coatesville's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Coatesville during the period has been just 5.67%, which is lower than 70% of US communities.
NeighborhoodScout's data show that during the latest twelve months, Coatesville's appreciation rate, at 3.93%, has been at or slightly above the national average. In the latest quarter, Coatesville's appreciation rate has been 0.26%, which annualizes to a rate of 1.06%.
Relative to Pennsylvania, our data show that Coatesville's latest annual appreciation rate is lower than 60% of the other cities and towns in Pennsylvania.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Coatesville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Coatesville - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Coatesville real estate investment or home purchase decisions.
$208,685
for Pennsylvania
for nation
5,065
$2,192 / per month