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 23,553, 9,550 total housing units (homes and apartments), and a median house value of $237,622, house prices in Pottstown are solidly below the national average.
Single-family detached homes are the single most common housing type in Pottstown, accounting for 35.27% of the borough's housing units. Other types of housing that are prevalent in Pottstown include row houses and other attached homes ( 32.26%), large apartment complexes or high rise apartments ( 16.52%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 15.21%).
The most prevalent building size and type in Pottstown are three and four bedroom dwellings, chiefly found in single-family detached homes. The borough has a mixture of owners and renters, with 54.29% owning and 45.72% 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. Pottstown's housing was primarily built during this period, from the '40s through the '60s. A full 41.09% of the borough's housing hails from this era. Other housing ages represented in Pottstown include homes built before 1939 ( 38.93%) and housing constructed between 1970-1999 ( 14.21%). There's also some housing in Pottstown built between 2000 and later ( 5.77%).
Appreciation rates for homes in Pottstown have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 108.01%, which ranks in the top 30% nationwide. This equates to an annual average Pottstown house appreciation rate of 7.60%.
NeighborhoodScout's data show that during the latest twelve months, Pottstown's appreciation rate, at 3.93%, has been at or slightly above the national average. In the latest quarter, Pottstown's appreciation rate has been 0.26%, which annualizes to a rate of 1.06%.
Relative to Pennsylvania, our data show that Pottstown'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 borough. Individual neighborhoods within Pottstown differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Pottstown - 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 Pottstown real estate investment or home purchase decisions.
$237,622
for Pennsylvania
for nation
9,550
$2,027 / per month