Pottsville, PA is a great place for investing in property. It has many different neighborhoods that are perfect for this. The cost of homes is affordable and there’s a lot of potential for growth. Before you invest, think about things like the average price of homes, how the rental market is doing, what life is like there, and what amenities are available.
What makes the Pottsville PA real estate market so attractive are the low property prices. Investment properties have a median price of $139,000. The market is also quite active, with homes selling in about 40 days on average1. The most sought-after areas for investment are Yorkville, Russelville, Mount Hope, and Quinntown. Plus, new properties are listed every 15 minutes, keeping the market lively1.
The city’s strong economic outlook and lively communities help increase property values. Places like Jalappa and Mount Hope have seen good increases in property value. The high-quality schools and many job options in Pottsville make it an attractive place for long-term investments.
For more detailed information on the Pottsville housing market and investment opportunities, check out the HouseCashin guide on investing in Pottsville1.
Key Takeaways
- Pottsville, PA offers affordable investment properties with a median listing price of $139,0001.
- Homes in Pottsville sell quickly, averaging just 40 days on the market1.
- Popular investment neighborhoods include Yorkville, Russelville, Mount Hope, and Quinntown1.
- New property listings in Pottsville are refreshed every 15 minutes1.
- The city features well-rated schools and diverse employment options, which enhance long-term property value.
Overview of Pottsville, PA Real Estate Market
The Pottsville, PA real estate market offers a wide range of housing choices. Property prices change and the investment potential varies by area. The market is getting more popular because property values are going up. This makes it a great choice for investors.
Current Market Trends
In Pottsville, property values are rising. This increase is due to more people moving in and new jobs. Currently, the median home sale price is $81,250. This shows good opportunities for buying and selling2.
Those interested in renting out properties should look at the median gross rents. This helps figure out how profitable renting can be3. The area’s median household income is $46,862 a year. This income level shows that people can afford to invest2.
Future Market Predictions
Pottsville is expected to continue growing. This is based on the city’s ongoing population increase3. Property values are likely to go up. Stable property tax rates help keep the market steady3.
For those looking into different neighborhoods, it’s important to understand certain indicators. Knowing about rent-to-price ratios and how quickly values go up is key. This information helps make wise investment choices.
Jalappa
Jalappa is a top neighborhood in Pottsmouth, famous for its high home values and good living standards. The median home price here is $280,128, and you can rent a place for about $7354. It’s a great spot for investors looking for valuable properties.
Housing Market Overview
In the past three years, home prices in Jalappa have significantly increased. It’s now the priciest area in Pottsville with a median price per square foot of $1254. Compared to the rest of Pottsville, where the average home costs $209,9565, Jalappa stands out. It mostly has single-family homes, adding to its classy vibe5.
Quality of Life Factors
Jalappa scores a 48 for walking and 17 for biking, showing most folks drive here6. With three parks, like John F. Kennedy Memorial Recreation Complex, it’s a fun place for families6. Good schools like Lengel Middle School add to its charm for families. Plus, there are great childcare spots like The Children’s Kastle Daycare6.
| Category | Jalappa |
|---|---|
| Median Home Price | $280,128 |
| Median Rent | $735 |
| Median Price per Square Foot | $125 |
| Walk Score | 48 |
| Bike Score | 17 |
| Parks | 3 |
| Childcare Options | 4+ |
| School Ratings | 4-10 |
Mount Hope
The Mount Hope housing market in Pottsville, PA, shines due to its growth and good transit times. We’re looking into how homes increase in value and the ease of getting around Mount Hope.
Property Appreciation Rates
Mount Hope sees strong growth in home values, attracting investors. The middle home price is $185,165, showing a positive trend. Homes for sale rose 67% from last year and 150% from last month7. This shows a bustling market with rising Mount Hope housing demand. Plus, homes now sell for about $123 per square foot, keeping investment hopes high7.
Recently, 4 homes sold, a 33% jump from before, highlighting the area’s growing attraction7. Pottsville shows similar growth, with homes listed at $139,000 on average and selling in about 40 days8.
Transportation and Commute
Mount Hope also makes getting around easy, attracting more buyers. It scores 59 for walking, meaning most errands don’t need a car7. The Bike Score is 22, so biking works in some places, but a car might be needed for longer trips7.
The area is family-friendly, with parks and childcare. With fast internet from seven providers, up to 1000 Mbps by Comcast, working from home is easy7. These features make living in Mount Hope great, blending work and fun.
Cottage Hill
Cottage Hill is a top-rated neighborhood in Pottsville, PA. It has a high median home price of $399,115 and affordable rent at $7299. The area draws interest from investors due to its valuable properties and low transportation scores. It’s also known for its great amenities, like different high-speed internet options and essential services.
Median Home Prices
The average home price in Cottage Hill stands at $399,1159, with a cost of $1089 per square foot. This makes the neighborhood attractive to buyers and investors alike. Places like Westwood Park and Cottage Hill West, with their newer homes, add to the appeal10.
| Attributes | Cottage Hill |
|---|---|
| Median Home Price | $399,1159 |
| Median Rent | $7299 |
| Price per Sqft | $1089 |
| New Listings | 19 |
| Homes Sold | 19 |
Rental Market Analysis
The rental market in Cottage Hill is strong, thanks to its excellent amenities and infrastructure. Though the Walk Score is 36 and the Bike Score is 29, features like the nearby John F. Kennedy Memorial Recreation Complex and Jalappa Playground make it appealing9. With five childcare centers and three grocery stores, it’s perfect for families9. The market benefits from Pottsville’s efforts to refresh the neighborhood10.
For more information on property values and rental demand in Cottage Hill, visit Flyhomes9.
York Farm
York Farm is a key place for people looking for good investment deals in Pottsville, PA. The average home costs $110,084 and you can rent a place for about $630. This makes York Farm a great choice for investors11. The area might rely more on cars, but it’s price-friendly with a strong community feel. This makes it a top pick for investing.
Data shows York Farm is ripe for investment. Returns from rentals range from 1.35% to 11.75%. Airbnb returns vary from -1.74% to 7.63%12. Rental incomes vary too, with traditional rentals bringing in $834 to $4,432. Airbnb incomes range from $1,249 to $5,360. This shows York Farm suits many investment plans12.
Homes in Pottsville typically sell in about 40 days. Recently, 14 homes sold in a month13. Nearby areas like Mount Hope and Quinntown are also buzzing with activity. This shows the area’s wide investment appeal. With York Farm’s affordable prices, it draws investors to consider the area.
Fishbach
Fishbach in Pottsville, PA, is affordable with a strong sense of community. The homes have a median price of $160,012, and rent averages at $735. This mix attracts many people looking for a good deal in real estate14.
Demographic Insights
This area shows a rich cultural mix, thanks to its diverse population. You’ll find well-kept homes and a lively real estate scene here. Recently, two homes were sold, proving Fishbach’s popularity14.
For those seeking detailed housing info, consider Redfin’s website.
Community and Amenities
Fishbach offers more than just houses. The neighborhood has great amenities, though it’s car-dependent. There are plenty of services and places for fun14.
Nearby Yorkville and Lakeside areas add even more value. It’s an appealing place for people who want to find a new home14.
Greenwood Hill
Greenwood Hill is an eye-catching neighborhood in Pottsville, PA. It’s known for its good investment chances and nice mix of amenities. Homes there have a median price of $249,947, and rent is about $737 on average15. This makes the area appealing for people looking to invest. Also, consider the ease of walking and using transit in the area.
Prospects for Long-Term Investments
Investing in Greenwood Hill offers great long-term benefits, thanks to steady increases in property value. There’s a home near the hospital listed at $139,000, showing the area’s affordability16. Properties are selling fast, usually in 40 days, making this place a prime spot for investment17. Plus, 14 homes were sold last month, showing a lively estate market17.
Walkability and Transit Scores
Greenwood Hill scores 60 for walkability. It’s easy enough to walk around but still okay for driving15. The Bike Score is low at 21, indicating less bike paths15. However, with parks, schools, and nine internet providers, it’s a well-served community15. This mix of transportation options and its location make Greenwood Hill attractive for those looking at the long haul.
Lawton’s Hill
Lawton’s Hill is a great choice for those looking to invest in property. It’s in a key location and offers strong amenities. Homes on a cul de sac in Pottsville list for around $139,000. The median home price is $68,941, providing varied options for buyers1819. Homes typically sell within 40 days, showing a lively market1819. Job growth in the area hints at stable property values for those considering moving here.
Local Job Market
The job scene in Lawton’s Hill is booming, opening up many opportunities for residents. It’s close to big cities, making commutes easy and boosting job prospects. In the past month alone, 14 homes were sold in Pottsville1819. These trends, supported by strong infrastructure, draw more people to invest in the area.
Schools and Education Quality
Good schools make Lawton’s Hill attractive to potential residents. Top-rated education here means families can expect high-quality learning. This boosts the neighborhood’s appeal and stability. Families tend to stay longer, stabilizing property values and ensuring growth.
Lawton’s Hill offers more than just homes. It’s about a complete lifestyle. Those interested can learn more through this neighborhood guide18. With nature, easy access, and key amenities, it’s a top spot for investment.
Bunker Hill
Bunker Hill in Pottsville, PA, is a great place for real estate investments. It has homes priced at an average of $132,059. Its recent home listings have been around $139,000, featuring kitchen islands20. It’s easy to walk around, with a Walk Score of 66. This means people can do errands on foot21.
Homes here usually sell after 40 days on the market, showing a lively market20. Last month, 14 homes found new owners. This shows it’s an active area20. Bunker Hill has lots of parks and daycare centers, appealing to investors21.
The community enjoys quick internet from seven providers, reaching speeds up to 1000 mbps through Comcast21. There are also local stores and places to charge electric cars. These features make Bunker Hill a smart pick in Pottsville’s real estate. For more info, check out this resource.
FAQ
What factors should investors consider when investing in Pottenville, PA’s real estate market?
When putting money into Pottsville’s real estate, look at home prices and rental trends. Consider life quality, amenities nearby, and how property values change. Don’t forget about rent-to-price ratios and transport scores.
Also important are the economic conditions. These include population growth, job creation, and market outlook.
Which neighborhood in Pottsville, PA, is known for the highest median home price?
In Pottsville, PA, Jalappa tops the list with the highest home price at $280,128. It has a median rent of $735.
It leads Pottsville with the most growth in home prices over three years.
What makes Mount Hope a promising investment area in Pottsville, PA?
Mount Hope stands out with a home price of $185,165 and rent of $596. Home values here grow steadily.
This is due to social and economic factors and good transport options. Its Walk Score is 59 and Bike Score, 22.
Can you provide information on Cottage Hill’s real estate market?
Cottage Hill has homes averaging $399,115 and rent at $729. Even with low transport scores, it’s booming.
This is thanks to its people, schools, and things to do. These factors draw investors here.
What are the characteristics of York Farm as an investment destination?
York Farm is more budget-friendly. Homes cost about $110,084, with rent at $630.
While it’s less walkable, the area’s value and community feel make it appealing for investment.
How does Fishbach stand out in Pottsville, PA’s real estate market?
Fishbach’s homes sell for around $160,012 and rent for $380. It’s known for its diverse community and amenities.
Yet, most errands need a car, shown by its Walk Score of 27.
What long-term investment prospects does Greenwood Hill offer?
Greenwood Hill is promising for long-term investments with homes at $249,947 and rent at $737. It’s semi-walkable and bikeable, with respective scores of 60 and 21.
Its amenities and location make it a smart choice for buyers.
What unique opportunities does Lawton’s Hill offer for property investors?
Lawton’s Hill’s home and rent prices are $68,941 and $735, drawing interest with its job market and schools.
Good schools bring families, helping the property market. It’s somewhat walkable, with job trends supporting housing demand.
What makes Bunker Hill a favorable neighborhood for real estate investment?
Bunker Hill, with homes at $132,059 and rent at $609, is known for being easily walkable. Its Walk Score is 66.
This, along with affordable prices and nice living conditions, makes it a top choice in Pottsville.
Source Links
- Investment Property – Pottsville, PA Real Estate & Homes for Sale – https://www.redfin.com/city/16035/PA/Pottsville/amenity/investment property
- Pottsville, PA Real Estate Information – https://www.century21.com/real-estate-information/pottsville-pa/LCPAPOTTSVILLE
- Pottsville PA Commercial Real Estate Market Trends [2024 Statistics Data Report] – https://propertycashin.com/investing-guides/commercial-real-estate-market-pottsville-pa/
- Top 10 Most Expensive Places To Live In Pottsville, PA | Flyhomes – https://flyhomes.com/rankings/pottsville–pa/expensive
- Pottsville, PA Real Estate & Homes for Sale | realtor.com® – https://www.realtor.com/realestateandhomes-search/Pottsville_PA
- Is Jalappa, Pottsville a Good Place To Live? | Flyhomes – https://flyhomes.com/quality-of-life/jalappa–pottsville–pa
- Is Mount Hope, Pottsville a Good Place To Live? | Flyhomes – https://flyhomes.com/quality-of-life/mount-hope–pottsville–pa
- 24 Hour – Pottsville, PA Real Estate & Homes for Sale – https://www.redfin.com/city/16035/PA/Pottsville/amenity/24 hour
- Is Cottage Hill, Pottsville a Good Place To Live? | Flyhomes – https://flyhomes.com/quality-of-life/cottage-hill–pottsville–pa
- City of Pottsville, Pennsylvania – Comprehensive Plan – http://www.pottsvillepa.gov/html/cp3.htm
- Pending Listings in Yorkville, PA – https://www.redfin.com/neighborhood/535483/PA/Pottsville/Yorkville/pending-listings
- Pennsylvania Investment Property for Sale | Mashvisor – https://www.mashvisor.com/explore/pennsylvania
- Pending Listings in Pottsville, PA – https://www.redfin.com/city/16035/PA/Pottsville/pending-listings
- Top 10 Most Affordable Places To Live In Pottsville, PA | Flyhomes – https://flyhomes.com/zh/rankings/pottsville–pa/affordable
- Is Greenwood Hill, Pottsville a Good Place To Live? | Flyhomes – https://flyhomes.com/quality-of-life/greenwood-hill–pottsville–pa
- Close To Hospital – Pottsville, PA Real Estate & Homes for Sale – https://www.redfin.com/city/16035/PA/Pottsville/amenity/close to hospital
- Prime Location – Pottsville, PA Real Estate & Homes for Sale – https://www.redfin.com/city/16035/PA/Pottsville/amenity/prime location
- Cul De Sac – Pottsville, PA Real Estate & Homes for Sale – https://www.redfin.com/city/16035/PA/Pottsville/amenity/cul de sac
- Brand New Construction – Pottsville, PA Real Estate & Homes for Sale – https://www.redfin.com/city/16035/PA/Pottsville/amenity/brand new construction
- Kitchen Island – Pottsville, PA Real Estate & Homes for Sale – https://www.redfin.com/city/16035/PA/Pottsville/amenity/kitchen island
- Is Bunker Hill, Pottsville a Good Place To Live? | Flyhomes – https://flyhomes.com/quality-of-life/bunker-hill–pottsville–pa
