Welcome to our 16411 real estate data hub, tailored for investors in East Springfield, 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 16411 in East Springfield, PA. Discover Section 8 housing opportunities and challenges to maximize your investment potential in ERIE COUNTY.
Leverage our comprehensive, zip code-specific data to excel in East Springfield, PA real estate investing. Uncover the wealth of information available, and position yourself for success in the East Springfield property market.
-
Location Overview
- Zip Code: 16411
- City: East Springfield
- State: PA
- Metro Area: Erie, PA
- County Name: ERIE COUNTY
-
Real Estate Market Snapshot
- Average Home Price (All Types): $159,558
- Average Home Price (Single Family Homes): $159,380
- Average Monthly Rental Price (All Types): Not Available
- Price-to-Rent Ratio: Not Available
- Zillow Projected % appreciation from 4/2023-4/2024: 0.3%
-
Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,090
- Average 3 Bedroom Section 8 Rental Rates: $1,350
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 12.2
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 9.85
- Number of Units Offered in Section 8 in the County: 3534
- Number of Occupied Units in Section 8 in the County: 3354
- Percentage of Section 8 Units Occupied in the County: 94.90000153%
-
Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): Not Available
- Total % Appreciation since 2000 (Government Data): Not Available
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 1.34%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 3.13%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 27.28%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 34.02%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 46.76%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 51.22%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 57.04%
-
Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%