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 9,462, 3,572 total housing units (homes and apartments), and a median house value of $121,036, house prices in Coal Township are some of the most affordable in Pennsylvania as well as the nation.
Single-family detached homes are the single most common housing type in Coal Township, accounting for 61.35% of the township's housing units. Other types of housing that are prevalent in Coal Township include row houses and other attached homes ( 27.88%), large apartment complexes or high rise apartments ( 5.11%), and a few mobile homes or trailers ( 3.13%).
The most prevalent building size and type in Coal Township are three and four bedroom dwellings, chiefly found in single-family detached homes. The township has a mixture of owners and renters, with 59.31% owning and 40.69% renting.
The housing in Coal Township was primarily built before 1939 ( 53.10%), making the housing stock in Coal Township some of the oldest overall in America, although there is a range of ages of homes in Coal Township. The next most important housing age is between 1940-1969 ( 29.62%), followed by between 1970-1999 ( 15.39%). There's also some housing in Coal Township built between 2000 and later ( 1.89%).
Vacant housing appears to be an issue in Coal Township. Fully 11.32% of the housing stock is classified as vacant. Left unchecked, vacant Coal Township homes and apartments can be a drag on the real estate market, holding Coal Township 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.
Coal Township's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Coal Township during the period has been just 5.54%, which is lower than 70% of US communities.
NeighborhoodScout's data show that during the latest twelve months, Coal Township's appreciation rate, at 6.34%, has been at or slightly above the national average. In the latest quarter, Coal Township's appreciation rate has been 2.01%, which annualizes to a rate of 8.30%.
Relative to Pennsylvania, our data show that Coal Township's latest annual appreciation rate is lower than 50% of the other cities and towns in Pennsylvania.
$121,036
for Pennsylvania
for nation
3,572
$1,106 / per month