Bryn Mawr PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Bryn Mawr, 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

Bryn Mawr Housing Market Information

With 3,808 people, 1,224 houses or apartments, and a median cost of homes of $347,837, Bryn Mawr real estate is some of the most expensive in Pennsylvania, although Bryn Mawr home values aren't among America's most expensive.

Large apartment complexes or high rise apartments are the single most common housing type in Bryn Mawr, accounting for 42.93% of the town's housing units. Other types of housing that are prevalent in Bryn Mawr include row houses and other attached homes ( 19.51%), single-family detached homes ( 19.00%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 18.56%). Towns with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact towns that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.

Bryn Mawr is dominated by renter-occupied one, two, or no bedrooms apartments. 71.22% of Bryn Mawr's dwellings are rentals.

The housing in Bryn Mawr was primarily built before 1939 ( 53.39%), making the housing stock in Bryn Mawr some of the oldest overall in America, although there is a range of ages of homes in Bryn Mawr. The next most important housing age is between 1940-1969 ( 25.18%), followed by between 1970-1999 ( 20.10%). There's also some housing in Bryn Mawr built between 2000 and later ( 1.33%).

Bryn Mawr Home Appreciation Rates

Real estate appreciation rates in Bryn Mawr's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 2.00% during the period.

Appreciation rates are so strong in Bryn Mawr that despite a nationwide downturn in the housing market, Bryn Mawr real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Bryn Mawr appreciation rates continue to be some of the highest in America, at 5.00%, which is higher than appreciation rates in 71.40% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Bryn Mawr. Bryn Mawr appreciation rates in the latest quarter were at 1.43%, which equates to an annual appreciation rate of 5.86%.

Relative to Pennsylvania, our data show that Bryn Mawr'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 town. Individual neighborhoods within Bryn Mawr differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Bryn Mawr - 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 Bryn Mawr real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$347,837

Bryn Mawr, PA HOME PRICES

Value Range
> $1,101,000 28.4
$826,001 - $1,101,000 14.0
$550,001 - $826,000 10.0
$440,001 - $550,000 6.6
$330,001 - $440,000 3.2
$220,001 - $330,000 26.0
$110,001 - $220,000 7.8
$55,001 - $110,000 1.9
$0 - $55,000 2.2

Very High for PA
Very High for Nation

Value Relative to Nation Value Relative to State
16.7065693430657 7.52895752895753

Number Of Homes And Apartments:
1,224

Bryn Mawr 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
77.88% 2.81%
7
6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,712 / per month

Homeownership Rate

Homeownership
Owners 28.78
Renters 71.22
Vacant 9.87

Housing Market Details

 

Age of Homes

AGE OF Bryn Mawr HOMES
2000 or Newer 1.3
1970 - 1999 20.1
1940 - 1969 25.2
1939 or Older 53.4

Types of Homes

TYPE OF Bryn Mawr HOMES
Single-Family 19.0
Townhomes 19.5
Small Apt. Buildings 18.6
Apt. Complexes 42.9
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Bryn Mawr HOMES
No Bedroom 7.07
1 Bedroom 12.44
2 Bedrooms 36.75
3 Bedrooms 22.31
4 Bedrooms 9.20
5 or more bedrooms 12.22