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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
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%).
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.
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 |
Value Relative to Nation | Value Relative to State |
---|---|
16.7065693430657 | 7.52895752895753 |
Homeownership | |
---|---|
Owners | 28.78 |
Renters | 71.22 |
Vacant | 9.87 |
AGE OF Bryn Mawr HOMES | |
---|---|
2000 or Newer | 1.3 |
1970 - 1999 | 20.1 |
1940 - 1969 | 25.2 |
1939 or Older | 53.4 |
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 |
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 |