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 703 people, 230 houses or apartments, and a median cost of homes of $315,219, York Springs 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 York Springs, accounting for 41.70% of the borough's housing units. Other types of housing that are prevalent in York Springs include duplexes, homes converted to apartments or other small apartment buildings ( 29.15%), row houses and other attached homes ( 19.43%), and a few mobile homes or trailers ( 8.91%).
The most prevalent building size and type in York Springs are three and four bedroom dwellings, chiefly found in single-family detached homes. The borough has a mixture of owners and renters, with 52.82% owning and 47.18% renting.
The housing in York Springs was primarily built before 1939 ( 54.25%), making the housing stock in York Springs some of the oldest overall in America, although there is a range of ages of homes in York Springs. The next most important housing age is between 1970-1999 ( 22.67%), followed by between 1940-1969 ( 13.77%). There's also some housing in York Springs built between 2000 and later ( 9.31%).
Real estate appreciation rates in York Springs's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.43% during the period.
Appreciation rates are so strong in York Springs that despite a nationwide downturn in the housing market, York Springs real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, York Springs appreciation rates continue to be some of the highest in America, at 6.54%, which is higher than appreciation rates in 92.46% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in York Springs. York Springs appreciation rates in the latest quarter were at 4.49%, which equates to an annual appreciation rate of 19.20%.
Importantly, this makes York Springs 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 York Springs's latest annual appreciation rate is higher than 90% of the other cities and towns in Pennsylvania.
$315,219
for Pennsylvania
for nation
230
$1,482 / per month