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 2,007, 382 total housing units (homes and apartments), and a median house value of $190,880, house prices in Pocono Pines are solidly below the national average.
Single-family detached homes are the single most common housing type in Pocono Pines, accounting for 92.35% of the town's housing units. Other types of housing that are prevalent in Pocono Pines include duplexes, homes converted to apartments or other small apartment buildings ( 4.09%), row houses and other attached homes ( 3.56%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Pocono Pines. Owner-occupied housing accounts for 100.00% of Pocono Pines's homes, and 85.61% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Pocono Pines 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 Pocono Pines built between 1940-1969 ( 19.33%). A lesser amount of the housing stock also hails from between 2000 and later ( 8.84%). There's also some housing in Pocono Pines built before 1939 ( 7.22%).
A decent proportion of the Pocono Pines housing stock is seasonally occupied. That is, homes and condos in Pocono Pines are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. This characteristic of the Pocono Pines housing market speaks to its popularity as a vacation location of choice.
Pocono Pines's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Pocono Pines during the period has been just 5.58%, which is lower than 70% of US communities.
Over the last year, Pocono Pines appreciation rates have trailed the rest of the nation. In the last twelve months, Pocono Pines's appreciation rate has been 5.15%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Pocono Pines were at -4.11%, which equates to an annual appreciation rate of -15.47%.
Notably, Pocono Pines's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Pennsylvania, our data show that Pocono Pines's latest annual appreciation rate is lower than 60% of the other cities and towns in Pennsylvania.
$190,880
for Pennsylvania
for nation
382
$1,914 / per month