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 2,133, 1,108 total housing units (homes and apartments), and a median house value of $264,784, Hughesville 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 Hughesville, accounting for 59.81% of the borough's housing units. Other types of housing that are prevalent in Hughesville include duplexes, homes converted to apartments or other small apartment buildings ( 21.19%), large apartment complexes or high rise apartments ( 14.71%), and a few row houses and other attached homes ( 4.29%).
The most prevalent building size and type in Hughesville are three and four bedroom dwellings, chiefly found in single-family detached homes. The borough has a mixture of owners and renters, with 51.81% owning and 48.19% renting.
The housing in Hughesville was primarily built before 1939 ( 50.26%), making the housing stock in Hughesville some of the oldest overall in America, although there is a range of ages of homes in Hughesville. The next most important housing age is between 1940-1969 ( 28.90%), followed by between 1970-1999 ( 15.85%). There's also some housing in Hughesville built between 2000 and later ( 4.99%).
Hughesville's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Hughesville during the period has been just 4.61%, which is lower than 80% of US communities.
Over the last year, Hughesville appreciation rates have trailed the rest of the nation. In the last twelve months, Hughesville's appreciation rate has been 6.06%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Hughesville were at 6.83%, which equates to an annual appreciation rate of 30.26%.
Importantly, this makes Hughesville 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 Hughesville's latest annual appreciation rate is lower than 70% of the other cities and towns in Pennsylvania.
$264,784
for Pennsylvania
for nation
1,108
$1,298 / per month