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 3,313, 1,634 total housing units (homes and apartments), and a median house value of $189,286, house prices in Springdale are solidly below the national average.
Single-family detached homes are the single most common housing type in Springdale, accounting for 69.35% of the borough's housing units. Other types of housing that are prevalent in Springdale include duplexes, homes converted to apartments or other small apartment buildings ( 13.95%), large apartment complexes or high rise apartments ( 12.12%), and a few row houses and other attached homes ( 3.95%).
People in Springdale primarily live in small (one, two or no bedroom) single-family detached homes. Springdale has a mixture of owner-occupied and renter-occupied housing.
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. Springdale's housing was primarily built during this period, from the '40s through the '60s. A full 45.00% of the borough's housing hails from this era. Other housing ages represented in Springdale include homes built before 1939 ( 35.22%) and housing constructed between 1970-1999 ( 18.47%). There's also some housing in Springdale built between 2000 and later ( 1.32%).
Springdale's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Springdale during the period has been just 4.97%, which is lower than 80% of US communities.
Over the last year, Springdale appreciation rates have trailed the rest of the nation. In the last twelve months, Springdale's appreciation rate has been 2.63%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Springdale were at 1.11%, which equates to an annual appreciation rate of 4.51%.
Relative to Pennsylvania, our data show that Springdale's latest annual appreciation rate is lower than 80% of the other cities and towns in Pennsylvania.
$189,286
for Pennsylvania
for nation
1,634
$1,378 / per month