Jefferson Hills appreciation rates and housing market information

Jefferson Hills housing market information

With 9,666 people, 3,954 houses or apartments, and a median cost of homes of $166,903, Jefferson Hills real estate prices are well above average cost compared to national prices.

single-family detached homes are the single most common housing type in Jefferson Hills, accounting for 75.11% of the borough's housing units. Other types of housing that are prevalent in Jefferson Hills include row houses and other attached homes (10.52%), large apartment complexes or high rise apartments (10.22%), mobile homes or trailers (2.20%), and a few duplexes, homes converted to apartments, or other small apartment buildings (1.95%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Jefferson Hills. Owner-occupied housing accounts for 75.44% of Jefferson Hills's homes, and 61.44% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Jefferson Hills built from 1970-1994, so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Jefferson Hills built from 1940-1969 (39.50%). A lesser amount of the housing stock also hails from 1939 and earlier (13.08%), and some were built from 1995 and later (13.08%).

Jefferson Hills home appreciation rates

Some of the lowest real estate appreciation rates in America over the last ten years have been in Jefferson Hills, where house values have increased just 34.72%, which is an average annual increase of 3.47%. NeighborhoodScout's data show that in the latest quarter, Jefferson Hills house values appreciated 1.20%, which is an annualized rate of 4.80%. This rate is lower than the appreciation rate found in 30% of the cities and towns in America.

NeighborhoodScout's data show that during the latest twelve months, Jefferson Hills home appreciation rates, at -0.13%, have been at or slightly above the national average. In the latest quarter, Jefferson Hills's appreciation rate has been 1.20%, which annualizes to a rate of 4.80%.

Relative to Pennsylvania, our data show that Jefferson Hills's latest annual appreciation rate is higher than 31% of the other cities and towns in Pennsylvania.