Bryn Mawr, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Bryn Mawr Neighborhoods Since 2000




Bryn Mawr, PA Real Estate Data


Bryn Mawr Housing Market Information

With 3,808 people, 1,065 houses or apartments, and a median cost of homes of $621,380, Bryn Mawr house prices are not only among the most expensive in Pennsylvania, Bryn Mawr real estate also is some of the most expensive in all of America.

Large apartment complexes or high rise apartments are the single most common housing type in Bryn Mawr, accounting for 44.85% of the town's housing units. Other types of housing that are prevalent in Bryn Mawr include single-family detached homes ( 21.53%), duplexes, homes converted to apartments or other small apartment buildings ( 18.33%), and a few row houses and other attached homes ( 15.29%). Towns that are predominantly high-density buildings are relatively uncommon in the US. Because of the density, these types of towns are often walkable and compact, and often have a lively downtown.

Bryn Mawr is dominated by renter-occupied one, two, or no bedrooms apartments. 74.33% of Bryn Mawr's dwellings are rentals.

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. Bryn Mawr's housing was primarily built during this period, from the '40s through the '60s. A full 39.08% of the town's housing hails from this era. Other housing ages represented in Bryn Mawr include homes built before 1939 ( 38.07%) and housing constructed between 1970-1999 ( 20.75%). There's also some housing in Bryn Mawr built between 2000 and later ( 2.11%).

Vacant housing appears to be an issue in Bryn Mawr. Fully 16.93% of the housing stock is classified as vacant. Left unchecked, vacant Bryn Mawr homes and apartments can be a drag on the real estate market, holding Bryn Mawr real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Bryn Mawr Home Appreciation Rates

Appreciation rates for homes in Bryn Mawr have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 11.68%, which ranks in the top 40% nationwide. This equates to an annual average Bryn Mawr house appreciation rate of 1.11%.

NeighborhoodScout's data show that during the latest twelve months, Bryn Mawr's appreciation rate, at 5.00%, has been at or slightly above the national average. In the latest quarter, Bryn Mawr's appreciation rate has been 1.89%, which annualizes to a rate of 7.76%.

Relative to Pennsylvania, our data show that Bryn Mawr's latest annual appreciation rate is higher than 80% 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:
$621,380

Bryn Mawr, PA HOME PRICES

Value Range
> $1,110,000 32.0
$832,001 - $1,110,000 14.3
$554,001 - $832,000 9.8
$444,001 - $554,000 5.2
$333,001 - $444,000 2.9
$222,001 - $333,000 22.3
$111,001 - $222,000 11.4
$55,001 - $111,000 0.8
$0 - $55,000 1.2

Very High for PA
Very High for Nation

Value Relative to Nation Value Relative to State
3.81214499033788 0.579710144927536

Number Of Homes And Apartments:
1,065

Rent & Ownership

 

Average Market Rent:
$1,927 / per month

Homeownership Rate

Homeownership
Owners 25.67
Renters 74.33
Vacant 16.93

Housing Market Details

 

Age of Homes

AGE OF Bryn Mawr HOMES
2000 or Newer 2.1
1970 - 1999 20.7
1940 - 1969 39.1
1939 or Older 38.1

Types of Homes

TYPE OF Bryn Mawr HOMES
Single-Family 21.5
Townhomes 15.3
Small Apt. Buildings 18.3
Apt. Complexes 44.9
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Bryn Mawr HOMES
No Bedroom 4.60
1 Bedroom 17.71
2 Bedrooms 33.23
3 Bedrooms 26.37
4 Bedrooms 10.61
5 or more bedrooms 7.49

Bryn Mawr Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
PA*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
65.64% 3.01% 9 8
* 10 is highest