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 4,087 people, 1,938 houses or apartments, and a median cost of homes of $125,129, house prices in Monongahela 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 Monongahela, accounting for 75.46% of the city's housing units. Other types of housing that are prevalent in Monongahela include duplexes, homes converted to apartments or other small apartment buildings ( 9.89%), large apartment complexes or high rise apartments ( 7.04%), and a few row houses and other attached homes ( 6.37%).
Dwellings in Monongahela tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 53.72% of the homes in Monongahela have two or fewer bedrooms.
The housing in Monongahela was primarily built before 1939 ( 55.99%), making the housing stock in Monongahela some of the oldest overall in America, although there is a range of ages of homes in Monongahela. The next most important housing age is between 1940-1969 ( 36.04%), followed by between 1970-1999 ( 7.22%).
Vacant housing appears to be an issue in Monongahela. Fully 13.67% of the housing stock is classified as vacant. Left unchecked, vacant Monongahela homes and apartments can be a drag on the real estate market, holding Monongahela 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.
Monongahela's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Monongahela during the period has been just 4.91%, which is lower than 80% of US communities.
NeighborhoodScout's data show that during the latest twelve months, Monongahela's appreciation rate, at 6.88%, has been at or slightly above the national average. In the latest quarter, Monongahela's appreciation rate has been 1.00%, which annualizes to a rate of 4.05%.
Relative to Pennsylvania, our data show that Monongahela's latest annual appreciation rate is lower than 70% of the other cities and towns in Pennsylvania.
$125,129
for Pennsylvania
for nation
1,938
$1,090 / per month