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 563, 184 total housing units (homes and apartments), and a median house value of $284,712, Coatesville 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 Coatesville, accounting for 90.00% of the town's housing units. Other types of housing that are prevalent in Coatesville include mobile homes or trailers ( 7.62%), duplexes, homes converted to apartments or other small apartment buildings ( 2.38%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Coatesville. Owner-occupied housing accounts for 77.17% of Coatesville's homes, and 64.76% have either three or four bedrooms, which is average sized relative to America.
The housing in Coatesville was primarily built before 1939 ( 37.14%), making the housing stock in Coatesville some of the oldest overall in America, although there is a range of ages of homes in Coatesville. The next most important housing age is between 1940-1969 ( 33.81%), followed by between 1970-1999 ( 21.90%). There's also some housing in Coatesville built between 2000 and later ( 7.14%).
Vacant housing appears to be an issue in Coatesville. Fully 12.38% of the housing stock is classified as vacant. Left unchecked, vacant Coatesville homes and apartments can be a drag on the real estate market, holding Coatesville real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Appreciation rates for homes in Coatesville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 106.59%, which ranks in the top 30% nationwide. This equates to an annual average Coatesville house appreciation rate of 7.53%.
NeighborhoodScout's data show that during the latest twelve months, Coatesville's appreciation rate, at 7.55%, has been at or slightly above the national average. In the latest quarter, Coatesville's appreciation rate has been -0.17%, which annualizes to a rate of -0.68%.
Notably, Coatesville's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Indiana, our data show that Coatesville's latest annual appreciation rate is higher than 70% of the other cities and towns in Indiana.
$284,712
for Indiana
for nation
184
$1,844 / per month