Avondale, PA 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 Q3 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

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

Avondale Housing Market Information

With a population of 1,400, 366 total housing units (homes and apartments), and a median house value of $388,904, Avondale house prices are not only among the most expensive in Pennsylvania, Avondale 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 Avondale, accounting for 47.06% of the borough's housing units. Other types of housing that are prevalent in Avondale include row houses and other attached homes ( 21.39%), large apartment complexes or high rise apartments ( 16.31%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 13.10%).

The most prevalent building size and type in Avondale are three and four bedroom dwellings, chiefly found in single-family detached homes. The borough has a mixture of owners and renters, with 54.92% owning and 45.08% renting.

The housing in Avondale was primarily built before 1939 ( 43.05%), making the housing stock in Avondale some of the oldest overall in America, although there is a range of ages of homes in Avondale. The next most important housing age is between 1970-1999 ( 21.12%), followed by between 2000 and later ( 21.12%). There's also some housing in Avondale built between 1940-1969 ( 14.71%).

Avondale Home Appreciation Rates

Real estate appreciation rates in Avondale's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 2.09% during the period.

Appreciation rates are so strong in Avondale that despite a nationwide downturn in the housing market, Avondale real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Avondale appreciation rates continue to be some of the highest in America, at 4.94%, which is higher than appreciation rates in 70.08% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Avondale. Avondale appreciation rates in the latest quarter were at 1.39%, which equates to an annual appreciation rate of 5.68%.

Relative to Pennsylvania, our data show that Avondale's latest annual appreciation rate is higher than 70% of the other cities and towns in Pennsylvania.

Average Home Values

 
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Median Home Value:
$388,904

Avondale, PA HOME PRICES

> $1,204,000
0.8%
0.8%
$903,001 - $1,204,000
1.3%
1.3%
$602,001 - $903,000
4.6%
4.6%
$482,001 - $602,000
14.9%
14.9%
$361,001 - $482,000
43.5%
43.5%
$241,001 - $361,000
21.3%
21.3%
$121,001 - $241,000
5.1%
5.1%
$60,001 - $121,000
3.4%
3.4%
$0 - $60,000
5.1%
5.1%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for PA

Value Relative To Nation

Number Of Homes And Apartments:
366

Avondale Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
PA*
Compared To
America*
Latest Quarter:
2020 Q2 - 2020 Q3
Last 12 Months:
2019 Q3 - 2020 Q3
Last 2 Years:
2018 Q3 - 2020 Q3
Last 5 Years:
2015 Q3 - 2020 Q3
Last 10 Years:
2010 Q3 - 2020 Q3
Since 2000:
2000 Q1 - 2020 Q3
74.01% 2.71%
7
6
* 10 is highest

Rent & Ownership

 
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Average Market Rent:
$1,531 / per month

Homeownership Rate

Owners
54.9%
54.9%
Renters
45.1%
45.1%
Vacant
2.1%
2.1%
0.0% 100.0%
% OF HOMES

Housing Market Details

 
info

Age of Homes

2000 or Newer
21.1%
21.1%
1970 - 1999
21.1%
21.1%
1940 - 1969
14.7%
14.7%
1939 or Older
43.0%
43.0%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
47.1%
47.1%
Townhomes
21.4%
21.4%
Small Apt. Buildings
13.1%
13.1%
Apt. Complexes
16.3%
16.3%
Mobile Homes
2.1%
2.1%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.0%
0.0%
1 Bedroom
9.9%
9.9%
2 Bedrooms
17.9%
17.9%
3 Bedrooms
49.7%
49.7%
4 Bedrooms
17.9%
17.9%
5 or more bedrooms
4.5%
4.5%
0.0% 100.0%
% OF HOMES