Ambler, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Ambler, PA Real Estate Data


Ambler Housing Market Information

With a population of 6,505, 2,598 total housing units (homes and apartments), and a median house value of $277,183, Ambler real estate is some of the most expensive in Pennsylvania, although Ambler home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Ambler, accounting for 39.14% of the borough's housing units. Other types of housing that are prevalent in Ambler include row houses and other attached homes ( 24.39%), duplexes, homes converted to apartments or other small apartment buildings ( 21.49%), and a few large apartment complexes or high rise apartments ( 14.98%).

The most prevalent building size and type in Ambler are three and four bedroom dwellings, chiefly found in single-family detached homes. The borough has a mixture of owners and renters, with 54.65% owning and 45.35% renting.

The housing in Ambler was primarily built before 1939 ( 41.04%), making the housing stock in Ambler some of the oldest overall in America, although there is a range of ages of homes in Ambler. The next most important housing age is between 1940-1969 ( 39.52%), followed by between 1970-1999 ( 13.83%). There's also some housing in Ambler built between 2000 and later ( 5.61%).

Ambler Home Appreciation Rates

Real estate appreciation rates in Ambler's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 0.07% during the period.

NeighborhoodScout's data show that during the latest twelve months, Ambler's appreciation rate, at 4.91%, has been at or slightly above the national average. In the latest quarter, Ambler's appreciation rate has been 1.89%, which annualizes to a rate of 7.76%.

Relative to Pennsylvania, our data show that Ambler's latest annual appreciation rate is higher than 80% 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 2000, to assist you in making the best Ambler real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$277,183

Ambler, PA HOME PRICES

Value Range
> $1,125,000 0.0
$844,001 - $1,125,000 0.0
$562,001 - $844,000 2.2
$450,001 - $562,000 5.5
$337,001 - $450,000 23.2
$225,001 - $337,000 39.4
$112,001 - $225,000 25.9
$56,001 - $112,000 0.8
$0 - $56,000 2.9

Very High for PA
Very High for Nation

Value Relative to Nation Value Relative to State
19.3242372782105 9.27536231884058

Number Of Homes And Apartments:
2,598

Rent & Ownership

 

Average Market Rent:
$1,295 / per month

Homeownership Rate

Homeownership
Owners 54.65
Renters 45.35
Vacant 3.42

Housing Market Details

 

Age of Homes

AGE OF Ambler HOMES
2000 or Newer 5.6
1970 - 1999 13.8
1940 - 1969 39.5
1939 or Older 41.0

Types of Homes

TYPE OF Ambler HOMES
Single-Family 39.1
Townhomes 24.4
Small Apt. Buildings 21.5
Apt. Complexes 15.0
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Ambler HOMES
No Bedroom 7.77
1 Bedroom 13.64
2 Bedrooms 20.56
3 Bedrooms 35.99
4 Bedrooms 15.84
5 or more bedrooms 6.21

Ambler Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
PA*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
75.79% 3.37% 10 9
* 10 is highest