Sunday, November 12, 2006

Housing Report for Pike County, Pennsylvania

Pike County recorded a median home value in 2000 of $118,300, according to the Decennial Census. This is greater than the overall Pennsylvania 2000 median home value of $97,000 and less than median home value of $119,600 for the rest of the nation in that year.

Pike County is made up of a small, but present percentage of homes that are high in price. In 2000, the Decennial Census reported that 0.5 percent owner-occupied dwelling are valued over a half a million dollars.

In the State of Pennsylvania, Pike County stands 2 of 67 in terms of percentage growth in new housing structures. The county ranks 408 of 3,141, when comparing thee change in housing structures in counties throughout the nation.

There seems to be a large amount of real estate that is affordable in Pike County, Pennsylvania. In 2000, 55.4 percent of housing was valued under $125k.

In Pike County, the real estate market was made up of 38,224 housing structures in 2005. The area has seen growth in housing units, adding a total of 2,957 residential units since 2001, or 8.4 percent.



Data Source: U.S. Census Bureau

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