Ambler, PA Real Estate Market

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 Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Ambler, PA Housing Market Trends

With a population of 6,491, 2,669 total housing units (homes and apartments), and a median house value of $393,040, Ambler house prices are not only among the most expensive in Pennsylvania, Ambler real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Ambler, accounting for 36.55% of the borough's housing units. Other types of housing that are prevalent in Ambler include row houses and other attached homes ( 25.59%), duplexes, homes converted to apartments or other small apartment buildings ( 20.38%), and a few large apartment complexes or high rise apartments ( 17.12%).

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 51.57% owning and 48.43% 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 44.70% of the borough's housing hails from this era. Other housing ages represented in Ambler include homes built before 1939 ( 37.42%) and housing constructed between 1970-1999 ( 12.70%). There's also some housing in Ambler built between 2000 and later ( 5.18%).

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 31.99%, which ranks in the top 50% nationwide. This equates to an annual average Ambler house appreciation rate of 2.81%.

NeighborhoodScout's data show that during the latest twelve months, Ambler's appreciation rate, at 6.04%, has been at or slightly above the national average. In the latest quarter, Ambler's appreciation rate has been 2.65%, which annualizes to a rate of 11.01%.

Relative to Pennsylvania, our data show that Ambler's latest annual appreciation rate is higher than 70% 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:
$393,040

Ambler Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
PA*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
106.13% 3.50%
10
8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,439 / per month

Homeownership Rate

Owners
51.6%
51.6%
Renters
48.4%
48.4%
Vacant
3.4%
3.4%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
5.2%
5.2%
1970 - 1999
12.7%
12.7%
1940 - 1969
44.7%
44.7%
1939 or Older
37.4%
37.4%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
36.6%
36.6%
Townhomes
25.6%
25.6%
Small Apt. Buildings
20.4%
20.4%
Apt. Complexes
17.1%
17.1%
Mobile Homes
0.4%
0.4%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.8%
0.8%
1 Bedroom
15.3%
15.3%
2 Bedrooms
23.3%
23.3%
3 Bedrooms
38.8%
38.8%
4 Bedrooms
14.9%
14.9%
5 or more bedrooms
6.8%
6.8%
0.0% 100.0%
% OF HOMES