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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Bryn Mawr, PA Real Estate Market

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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (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, PA Housing Market Trends

With 5,879 people, 1,862 houses or apartments, and a median cost of homes of $868,462, 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 28.73% of the town's housing units. Other types of housing that are prevalent in Bryn Mawr include row houses and other attached homes ( 27.38%), duplexes, homes converted to apartments or other small apartment buildings ( 23.71%), and a few single-family detached homes ( 20.18%). This particular housing mix is relatively uncommon and characteristic of towns that are compact and walkable, and which often have a lively downtown.

Bryn Mawr is dominated by renter-occupied one, two, or no bedrooms apartments. 70.17% of Bryn Mawr's dwellings are rentals.

The housing in Bryn Mawr was primarily built before 1939 ( 39.75%), 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 ( 34.64%), followed by between 1970-1999 ( 19.11%). There's also some housing in Bryn Mawr built between 2000 and later ( 6.51%).

Vacant housing appears to be an issue in Bryn Mawr. Fully 13.44% 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

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 5.74% during the period.

NeighborhoodScout's data show that during the latest twelve months, Bryn Mawr's appreciation rate, at 6.29%, has been at or slightly above the national average. In the latest quarter, Bryn Mawr's appreciation rate has been 0.82%, which annualizes to a rate of 3.32%.

Relative to Pennsylvania, our data show that Bryn Mawr's latest annual appreciation rate is higher than 60% 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

$868,462

Bryn Mawr, PA Home Prices
> $1,329,000
$997,001 - $1,329,000
$665,001 - $997,000
$531,001 - $665,000
$399,001 - $531,000
$266,001 - $399,000
$133,001 - $266,000
$66,001 - $133,000
$0 - $66,000
33.0%
33.0%
14.7%
14.7%
13.0%
13.0%
9.1%
9.1%
12.0%
12.0%
14.3%
14.3%
2.7%
2.7%
0.1%
0.1%
1.1%
1.1%
0% 100.0%
% of Homes
Very High

for Pennsylvania

Very High

for nation

Number of Homes And Apartments:

1,862

Bryn Mawr Appreciation Rates

Rent & Ownership

Average Market Rent:

$3,183 / per month

Homeownership Rate

Owners
Renters
29.8%
29.8%
70.2%
70.2%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
13.4%
13.4%
86.6%
86.6%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
6.5%
6.5%
19.1%
19.1%
34.6%
34.6%
39.7%
39.7%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
20.2%
20.2%
27.4%
27.4%
23.7%
23.7%
28.7%
28.7%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
3.2%
3.2%
14.1%
14.1%
30.3%
30.3%
34.3%
34.3%
12.9%
12.9%
5.3%
5.3%
0% 100.0%
% of Homes