Levittown appreciation rates and housing market information

Levittown housing market information

With a population of 53,692, 19,009 total housing units (homes and apartments), and a median house value of $254,571, Levittown real estate prices are well above average cost compared to national prices.

single-family detached homes are the single most common housing type in Levittown, accounting for 86.94% of the town's housing units. Other types of housing that are prevalent in Levittown include large apartment complexes or high rise apartments (10.52%), row houses and other attached homes (1.43%), and a few duplexes, homes converted to apartments, or other small apartment buildings (0.80%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Levittown. Owner-occupied housing accounts for 83.69% of Levittown's homes, and 74.52% have either three or four bedrooms, which is average sized relative to America.

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. Levittown's housing was primarily built during this period, from the '40s through the '60s. A full 92.50% of the town's housing hails from this era. Other housing ages represented in Levittown include homes built between 1970-1994 (5.69%), and housing constructed from 1939 and earlier (1.12%). There's also some housing in Levittown built between 1995 and later (.69%).

Levittown home appreciation rates

Appreciation rates for homes in Levittown have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 97.98%, which ranks in the top 20% nationwide. This equates to an annual average Levittown house appreciation rate of 9.79%.

Over the last year, Levittown appreciation rates have trailed the rest of the nation. In the last twelve months, Levittown's appreciation rate has been -2.56%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Levittown were at -0.32%, which equates to an annual appreciation rate of -1.28%.

Relative to Pennsylvania, our data show that Levittown's latest annual appreciation rate is higher than 12% 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 town. Individual neighborhoods within Levittown differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Levittown - 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 Levittown real estate investment or home purchase decisions.