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 941 people, 458 houses or apartments, and a median cost of homes of $167,381, house prices in Linesville are some of the most affordable in Pennsylvania as well as the nation.
Single-family detached homes are the single most common housing type in Linesville, accounting for 71.57% of the borough's housing units. Other types of housing that are prevalent in Linesville include duplexes, homes converted to apartments or other small apartment buildings ( 17.54%), mobile homes or trailers ( 6.05%), and a few large apartment complexes or high rise apartments ( 3.02%).
The most prevalent building size and type in Linesville are three and four bedroom dwellings, chiefly found in single-family detached homes. The borough has a mixture of owners and renters, with 62.01% owning and 37.99% renting.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Linesville's housing was primarily built during this period, from the '40s through the '60s. A full 48.19% of the borough's housing hails from this era. Other housing ages represented in Linesville include homes built before 1939 ( 39.92%) and housing constructed between 1970-1999 ( 11.90%).
Real estate appreciation rates in Linesville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.98% during the period.
Appreciation rates are so strong in Linesville that despite a nationwide downturn in the housing market, Linesville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Linesville appreciation rates continue to be some of the highest in America, at 4.76%, which is higher than appreciation rates in 71.34% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Linesville. Linesville appreciation rates in the latest quarter were at -1.21%, which equates to an annual appreciation rate of -4.76%.
Notably, Linesville's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Pennsylvania, our data show that Linesville's latest annual appreciation rate is higher than 70% of the other cities and towns in Pennsylvania.
$167,381
for Pennsylvania
for nation
458
$1,201 / per month