Boyertown, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Boyertown Neighborhoods Since 2000




Boyertown, 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 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

Boyertown Housing Market Information

With a population of 4,046, 1,889 total housing units (homes and apartments), and a median house value of $167,927, Boyertown real estate and house prices are near the national average for all cities and towns.

Row houses and other attached homes are the single most common housing type in Boyertown, accounting for 29.73% of the borough's housing units. Other types of housing that are prevalent in Boyertown include large apartment complexes or high rise apartments ( 28.26%), single-family detached homes ( 26.15%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 15.87%). Boroughs that are predominantly high-density buildings are relatively uncommon in the US. Because of the density, these types of boroughs are often walkable and compact, and often have a lively downtown.

People in Boyertown primarily live in small (one, two or no bedroom) row houses and other attached homes. Boyertown has a mixture of owner-occupied and renter-occupied housing.

The housing in Boyertown was primarily built before 1939 ( 45.60%), making the housing stock in Boyertown some of the oldest overall in America, although there is a range of ages of homes in Boyertown. The next most important housing age is between 1940-1969 ( 27.41%), followed by between 1970-1999 ( 22.25%). There's also some housing in Boyertown built between 2000 and later ( 4.74%).

Boyertown Home Appreciation Rates

Boyertown's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Boyertown during the period has been just -0.89%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Boyertown's appreciation rate, at 4.68%, has been at or slightly above the national average. In the latest quarter, Boyertown's appreciation rate has been 1.28%, which annualizes to a rate of 5.21%.

Relative to Pennsylvania, our data show that Boyertown's latest annual appreciation rate is higher than 80% of the other cities and towns in Pennsylvania.

Average Home Values

 

Median Home Value:
$167,927

Boyertown, PA HOME PRICES

Value Range
> $1,063,000 0.0
$797,001 - $1,063,000 0.0
$532,001 - $797,000 0.0
$425,001 - $532,000 0.0
$318,001 - $425,000 2.4
$212,001 - $318,000 22.5
$106,001 - $212,000 61.7
$53,001 - $106,000 10.1
$0 - $53,000 3.3

High for PA
Average for Nation

Value Relative to Nation Value Relative to State
42.4411109808977 34.2028985507246

Number Of Homes And Apartments:
1,889

Boyertown Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
PA*
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
47.27% 2.27% 6 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,293 / per month

Homeownership Rate

Homeownership
Owners 45.52
Renters 54.48
Vacant 0.42

Housing Market Details

 

Age of Homes

AGE OF Boyertown HOMES
2000 or Newer 4.7
1970 - 1999 22.2
1940 - 1969 27.4
1939 or Older 45.6

Types of Homes

TYPE OF Boyertown HOMES
Single-Family 26.1
Townhomes 29.7
Small Apt. Buildings 15.9
Apt. Complexes 28.3
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Boyertown HOMES
No Bedroom 5.48
1 Bedroom 26.78
2 Bedrooms 18.98
3 Bedrooms 32.16
4 Bedrooms 14.02
5 or more bedrooms 2.58