Welcome to our 16066 real estate data hub, tailored for investors in Cranberry Township, PA. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 16066 in Cranberry Township, PA. Discover Section 8 housing opportunities and challenges to maximize your investment potential in BUTLER COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Cranberry Township, PA real estate investing. Uncover the wealth of information available, and position yourself for success in the Cranberry Township property market.
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Location Overview
- Zip Code: 16066
- City: Cranberry Township
- State: PA
- Metro Area: Pittsburgh, PA
- County Name: BUTLER COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $397,699
- Average Home Price (Single Family Homes): $418,984
- Average Monthly Rental Price (All Types): $1,788
- Price-to-Rent Ratio: 19
- Zillow Projected % appreciation from 4/2023-4/2024: -0.4%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,550
- Average 3 Bedroom Section 8 Rental Rates: $1,970
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 21.38
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 16.82
- Number of Units Offered in Section 8 in the County: 544
- Number of Occupied Units in Section 8 in the County: 523
- Percentage of Section 8 Units Occupied in the County: 96.19999695%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 190.4
- Total % Appreciation since 2000 (Government Data): 114.45
- YTD Appreciation (Backwards from 4/2023, Realtor Data): -0.39%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 3.32%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 25.88%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 41.67%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 67.77%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 92.91%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 135.09%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): -6.5%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 4.63%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%