Glendora, NJ
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Glendora Neighborhoods Since 2000




Glendora, NJ Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Glendora Housing Market Information

With 4,706 people, 1,821 houses or apartments, and a median cost of homes of $180,234, Glendora real estate values are some of the lowest in New Jersey, although compared to real estate around the nation, Glendora homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Glendora, accounting for 74.41% of the town's housing units. Other types of housing that are prevalent in Glendora include large apartment complexes or high rise apartments ( 12.66%), duplexes, homes converted to apartments or other small apartment buildings ( 9.47%), and a few row houses and other attached homes ( 3.45%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Glendora. Owner-occupied housing accounts for 74.74% of Glendora's homes, and 57.46% 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. Glendora's housing was primarily built during this period, from the '40s through the '60s. A full 65.99% of the town's housing hails from this era. Other housing ages represented in Glendora include homes built between 1970-1999 ( 22.19%) and housing constructed before 1939 ( 10.94%).

Glendora Home Appreciation Rates

Homes have actually lost value in Glendora over the last then years, as home values have seen a decline of 24.14% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Glendora home appreciation rates at 0.08%, which equates to an annual appreciation rate of 0.32%.

Over the last year, Glendora appreciation rates have trailed the rest of the nation. In the last twelve months, Glendora's appreciation rate has been 2.97%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Glendora were at 0.08%, which equates to an annual appreciation rate of 0.32%.

Relative to New Jersey, our data show that Glendora's latest annual appreciation rate is higher than 50% of the other cities and towns in New Jersey.

Average Home Values

 

Median Home Value:
$180,234

Glendora, NJ HOME PRICES

Value Range
> $1,030,000 0.0
$773,001 - $1,030,000 0.0
$516,001 - $773,000 0.7
$412,001 - $516,000 0.2
$309,001 - $412,000 3.2
$206,001 - $309,000 31.4
$103,001 - $206,000 63.4
$52,001 - $103,000 0.4
$0 - $52,000 0.7

Very Low for NJ
High for Nation

Value Relative to Nation Value Relative to State
38.0727762803235 89.8373983739837

Number Of Homes And Apartments:
1,821

Glendora Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NJ*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
39.63% 1.95% 3 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,304 / per month

Homeownership Rate

Homeownership
Owners 74.74
Renters 25.26
Vacant 4.71

Housing Market Details

 

Age of Homes

AGE OF Glendora HOMES
2000 or Newer 0.9
1970 - 1999 22.2
1940 - 1969 66.0
1939 or Older 10.9

Types of Homes

TYPE OF Glendora HOMES
Single-Family 74.4
Townhomes 3.5
Small Apt. Buildings 9.5
Apt. Complexes 12.7
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Glendora HOMES
No Bedroom 0.52
1 Bedroom 19.83
2 Bedrooms 17.69
3 Bedrooms 44.11
4 Bedrooms 13.34
5 or more bedrooms 4.50