Bristol, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Bristol Neighborhoods Since 2000




Bristol, 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

Bristol Housing Market Information

With 9,569 people, 3,729 houses or apartments, and a median cost of homes of $170,514, Bristol 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 Bristol, accounting for 36.56% of the borough's housing units. Other types of housing that are prevalent in Bristol include single-family detached homes ( 30.76%), duplexes, homes converted to apartments or other small apartment buildings ( 19.99%), and a few large apartment complexes or high rise apartments ( 12.69%). Boroughs with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact boroughs that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.

The most prevalent building size and type in Bristol are three and four bedroom dwellings, chiefly found in row houses and other attached homes. The borough has a mixture of owners and renters, with 53.59% owning and 46.41% 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. Bristol's housing was primarily built during this period, from the '40s through the '60s. A full 48.91% of the borough's housing hails from this era. Other housing ages represented in Bristol include homes built before 1939 ( 36.34%) and housing constructed between 1970-1999 ( 12.10%). There's also some housing in Bristol built between 2000 and later ( 2.66%).

Bristol Home Appreciation Rates

Homes have actually lost value in Bristol over the last then years, as home values have seen a decline of 19.72% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Bristol home appreciation rates at 0.08%, which equates to an annual appreciation rate of 0.32%.

Over the last year, Bristol appreciation rates have trailed the rest of the nation. In the last twelve months, Bristol's appreciation rate has been -2.30%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Bristol were at 0.08%, which equates to an annual appreciation rate of 0.32%.

Relative to Pennsylvania, our data show that Bristol's latest annual appreciation rate is lower than 90% 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 Bristol differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Bristol - 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 Bristol real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$170,514

Bristol, PA HOME PRICES

Value Range
> $985,000 0.7
$739,001 - $985,000 0.0
$493,001 - $739,000 0.5
$394,001 - $493,000 1.7
$295,001 - $394,000 5.8
$197,001 - $295,000 29.7
$98,001 - $197,000 56.0
$49,001 - $98,000 3.7
$0 - $49,000 2.0

High for PA
Average for Nation

Value Relative to Nation Value Relative to State
41.4625571311379 32.2705314009662

Number Of Homes And Apartments:
3,729

Bristol 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
46.70% 2.25% 6 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,256 / per month

Homeownership Rate

Homeownership
Owners 53.59
Renters 46.41
Vacant 8.31

Housing Market Details

 

Age of Homes

AGE OF Bristol HOMES
2000 or Newer 2.7
1970 - 1999 12.1
1940 - 1969 48.9
1939 or Older 36.3

Types of Homes

TYPE OF Bristol HOMES
Single-Family 30.8
Townhomes 36.6
Small Apt. Buildings 20.0
Apt. Complexes 12.7
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Bristol HOMES
No Bedroom 5.14
1 Bedroom 17.06
2 Bedrooms 22.47
3 Bedrooms 42.39
4 Bedrooms 10.57
5 or more bedrooms 2.36