2006 Housing Report for Luzerne County, Pennsylvania

Written by Matt

Monday, 10 March 2008

In Luzerne County, Pennsylvania, the real estate market was made up of 147,328 housing units in the year 2006. This represents a medium-high level of growth, adding all together 2,570 residential structures since 2000, a change of 1.8%. Throughout the State of Pennsylvania, Luzerne County places 54 of 67 by percent in growth of new residential structures. The county places 2,634 of 3,141 compared to change in residential structure growth in counties throughout the United States. Luzerne County recorded median owner-occupied home value in the year 2000 of $84,800 reported by the 2000 Census. This median is less than the overall Pennsylvania 2000 median owner-occupied dwelling value of $97,000. The residential real estate values in 2006 in Luzerne County, Pennsylvania are greater than the housing values in 2000. The residential values have increased by $18,000 or 21.2%, from when in 2000 they were valued at 2000 of $84,800.

 

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