Brentwood, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Brentwood Neighborhoods Since 2000




Brentwood, 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

Brentwood Housing Market Information

With a population of 9,512, 4,222 total housing units (homes and apartments), and a median house value of $106,262, house prices in Brentwood are solidly below the national average.

Single-family detached homes are the single most common housing type in Brentwood, accounting for 62.76% of the borough's housing units. Other types of housing that are prevalent in Brentwood include duplexes, homes converted to apartments or other small apartment buildings ( 16.39%), large apartment complexes or high rise apartments ( 13.63%), and a few row houses and other attached homes ( 7.22%).

People in Brentwood primarily live in small (one, two or no bedroom) single-family detached homes. Brentwood has a mixture of owner-occupied and renter-occupied housing.

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. Brentwood's housing was primarily built during this period, from the '40s through the '60s. A full 59.87% of the borough's housing hails from this era. Other housing ages represented in Brentwood include homes built before 1939 ( 30.08%) and housing constructed between 1970-1999 ( 9.59%).

Brentwood Home Appreciation Rates

Appreciation rates for homes in Brentwood have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 12.38%, which ranks in the top 30% nationwide. This equates to an annual average Brentwood house appreciation rate of 1.17%.

Over the last year, Brentwood appreciation rates have trailed the rest of the nation. In the last twelve months, Brentwood's appreciation rate has been 2.42%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Brentwood were at -0.41%, which equates to an annual appreciation rate of -1.65%.

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

Average Home Values

 

Median Home Value:
$106,262

Brentwood, PA HOME PRICES

Value Range
> $1,106,000 0.0
$830,001 - $1,106,000 0.0
$553,001 - $830,000 0.4
$443,001 - $553,000 0.2
$332,001 - $443,000 0.3
$221,001 - $332,000 1.1
$111,001 - $221,000 40.3
$55,001 - $111,000 56.0
$0 - $55,000 1.7

Low for PA
Low for Nation

Value Relative to Nation Value Relative to State
73.5263096214696 71.207729468599

Number Of Homes And Apartments:
4,222

Brentwood 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
36.61% 1.83% 3 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$914 / per month

Homeownership Rate

Homeownership
Owners 60.90
Renters 39.10
Vacant 8.97

Housing Market Details

 

Age of Homes

AGE OF Brentwood HOMES
2000 or Newer 0.5
1970 - 1999 9.6
1940 - 1969 59.9
1939 or Older 30.1

Types of Homes

TYPE OF Brentwood HOMES
Single-Family 62.8
Townhomes 7.2
Small Apt. Buildings 16.4
Apt. Complexes 13.6
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Brentwood HOMES
No Bedroom 2.22
1 Bedroom 16.00
2 Bedrooms 32.30
3 Bedrooms 38.79
4 Bedrooms 9.75
5 or more bedrooms 0.95