Ambler appreciation rates and housing market information

Ambler housing market information

With 6,426 people, 2,605 houses or apartments, and a median cost of homes of $292,326, Ambler real estate prices are well above average cost compared to national prices.

single-family detached homes are the single most common housing type in Ambler, accounting for 37.35% of the borough's housing units. Other types of housing that are prevalent in Ambler include row houses and other attached homes (28.29%), duplexes, homes converted to apartments, or other small apartment buildings (18.43%), and a few large apartment complexes or high rise apartments (15.93%).

The most prevalent building size and type in Ambler are three and four bedroom single-family detached homes. The borough has a mixture of owners and renters, with 56.16% owning, and 40.19% renting.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Ambler's housing was primarily built during this period, from the '40s through the '60s. A full 49.33% of the borough's housing hails from this era. Other housing ages represented in Ambler include homes built between 1939 and earlier (35.97%), and housing constructed from 1970-1994 (13.32%). There's also some housing in Ambler built between 1995 and later (1.38%).

Ambler home appreciation rates

Appreciation rates for homes in Ambler have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 100.48%, which ranks in the top 20% nationwide. This equates to an annual average Ambler house appreciation rate of 10.04%.

Over the last year, Ambler appreciation rates have trailed the rest of the nation. In the last twelve months, Ambler's appreciation rate has been -2.31%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Ambler were at -0.25%, which equates to an annual appreciation rate of -1.00%.

Relative to Pennsylvania, our data show that Ambler's latest annual appreciation rate is higher than 15% of the other cities and towns in Pennsylvania.

One very important thing to keep in mind is that these are average appreciation rates for the borough. Individual neighborhoods within Ambler differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Ambler - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 1990, to assist you in making the best Ambler real estate investment or home purchase decisions.