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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Edinboro, PA Real Estate Market

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Edinboro, PA Housing Market Trends

With 4,735 people, 1,767 houses or apartments, and a median cost of homes of $267,115, Edinboro 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 Edinboro, accounting for 51.00% of the borough's housing units. Other types of housing that are prevalent in Edinboro include duplexes, homes converted to apartments or other small apartment buildings ( 26.36%), large apartment complexes or high rise apartments ( 21.34%), and a few row houses and other attached homes ( 1.30%).

Renters dominate Edinboro's housing market, and most live in three of four bedroom dwellings, chiefly found in single-family detached homes.

There is a lot of housing in Edinboro built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Edinboro built between 2000 and later ( 22.09%). A lesser amount of the housing stock also hails from between 1940-1969 ( 21.80%). There's also some housing in Edinboro built before 1939 ( 16.82%).

Vacant housing appears to be an issue in Edinboro. Fully 26.07% of the housing stock is classified as vacant. Left unchecked, vacant Edinboro homes and apartments can be a drag on the real estate market, holding Edinboro 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.

Edinboro Home Appreciation Rates

Edinboro's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Edinboro during the period has been just 4.41%, which is lower than 80% of US communities.

Appreciation rates are so strong in Edinboro that despite a nationwide downturn in the housing market, Edinboro real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Edinboro appreciation rates continue to be some of the highest in America, at 8.69%, which is higher than appreciation rates in 90.57% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Edinboro. Edinboro appreciation rates in the latest quarter were at 0.64%, which equates to an annual appreciation rate of 2.60%.

Relative to Pennsylvania, our data show that Edinboro's latest annual appreciation rate is higher than 80% of the other cities and towns in Pennsylvania.

Average Home Values

Median Home Value

$267,115

Edinboro, PA Home Prices
> $1,282,000
$962,001 - $1,282,000
$641,001 - $962,000
$513,001 - $641,000
$384,001 - $513,000
$257,001 - $384,000
$128,001 - $257,000
$64,001 - $128,000
$0 - $64,000
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
1.5%
1.5%
6.9%
6.9%
39.5%
39.5%
51.0%
51.0%
0.0%
0.0%
1.1%
1.1%
0% 100.0%
% of Homes
High

for Pennsylvania

Average

for nation

Number of Homes And Apartments:

1,767

Edinboro Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,227 / per month

Homeownership Rate

Owners
Renters
33.7%
33.7%
66.3%
66.3%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
26.1%
26.1%
73.9%
73.9%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
22.1%
22.1%
39.3%
39.3%
21.8%
21.8%
16.8%
16.8%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
51.0%
51.0%
1.3%
1.3%
26.4%
26.4%
21.3%
21.3%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.8%
1.8%
14.7%
14.7%
32.7%
32.7%
40.0%
40.0%
9.9%
9.9%
0.9%
0.9%
0% 100.0%
% of Homes