Median price for residential apartments in as of Jun, 2021.
Remember to negotiate your price according to median sale prices. Also, take into account that the price depends on the size/amenities of the apartment.
40 Clarks Summit, PA 18411, USA apartments for sale
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Clarks Summit
According to statistics, the population in Clarks Summit, PA amounts to 4,957, which shows decline -2% compared to the previous year. The median age of the city’s residents is 45. The average household income is $76,905, shifting growth 4% from the past year, and the average property value in Clarks Summit, PA growth 8% to $210,700 throughout the year.
| Population | 4,957 |
| Median Age | 45.3 |
| Poverty Rate | 7% |
| Household Income | $76,905 |
| Number Of Employees | 2,464 |
| Median Property Value | $210,700 |
Household Income
The average household income in Clarks Summit, PA grew from $74,304 to $76,905 in the past year. This data is an estimate based upon 2,184 households in Clarks Summit, PA . The chart below presents how household income is distributed in Clarks Summit, PA in comparison to the revenue allocation amid households nationally.
- USA
- Clarks Summit, PA
Property Value
According to data from last year, the average property value in Clarks Summit, PA shifted from $194,500 to $210,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Clarks Summit, PA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Clarks Summit, PA properties falls in the '$250,000 to $299,999' range, which is lower than the most significant median property across the country.
- USA
- Clarks Summit, PA
Rent vs. Own
- Rent78%
- Own22%
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Clarks Summit, PA compared to median property taxes around the country. The prevalent amount of property taxes in Clarks Summit, PA equals $3000, which is less than the national average.
- USA
- Clarks Summit, PA
Housing Trends
Clarks Summit, PA 18411, USA Housing Trends
Average sale in Clarks Summit: $597,450 (+63.3%)
| Apartment Size | Jun | vs Last Month |
|---|---|---|
| 2 bed apartments | $265,000 | N/A |
| 3 bed apartments | $597,450 | N/A |
| 4+ bed apartments | $390,950 | N/A |
During Jun 2021, the average price for an apartment in/near Clarks Summit, PA increased by 63.3% to $597,450.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $265,000. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $597,450. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $390,950 for a big-family home.
| Listing Type | Jun | vs Last Month |
|---|---|---|
| Houses for sale | $597,450 | +52.8% |
| Lofts for sale | $265,000 | N/A |
According to statistics, average house is still $597,450 with no significant changes this month. The price statistics of lofts have not significantly changed, it now still goes for $265,000.
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