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 1,011 people, 717 houses or apartments, and a median cost of homes of $177,988, house prices in Seneca are solidly below the national average.
Single-family detached homes are the single most common housing type in Seneca, accounting for 73.64% of the town's housing units. Other types of housing that are prevalent in Seneca include large apartment complexes or high rise apartments ( 11.86%), duplexes, homes converted to apartments or other small apartment buildings ( 7.67%), and a few mobile homes or trailers ( 5.30%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Seneca. Owner-occupied housing accounts for 67.78% of Seneca's homes, and 57.18% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Seneca 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 Seneca built between 1940-1969 ( 27.75%). A lesser amount of the housing stock also hails from between 2000 and later ( 9.90%). There's also some housing in Seneca built before 1939 ( 8.09%).
Real estate appreciation rates in Seneca's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.12% during the period.
Appreciation rates are so strong in Seneca that despite a nationwide downturn in the housing market, Seneca real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Seneca appreciation rates continue to be some of the highest in America, at 4.76%, which is higher than appreciation rates in 71.03% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Seneca. Seneca appreciation rates in the latest quarter were at -1.21%, which equates to an annual appreciation rate of -4.76%.
Notably, Seneca's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Pennsylvania, our data show that Seneca's latest annual appreciation rate is higher than 60% of the other cities and towns in Pennsylvania.
$177,988
for Pennsylvania
for nation
717
$1,154 / per month