Collegeville, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Collegeville Neighborhoods Since 2000




Collegeville, 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

Collegeville Housing Market Information

With 5,287 people, 1,255 houses or apartments, and a median cost of homes of $337,449, Collegeville house prices are not only among the most expensive in Pennsylvania, Collegeville real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Collegeville, accounting for 65.84% of the borough's housing units. Other types of housing that are prevalent in Collegeville include large apartment complexes or high rise apartments ( 19.88%), row houses and other attached homes ( 12.18%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.09%).

The most prevalent building size and type in Collegeville are three and four bedroom dwellings, chiefly found in single-family detached homes. The borough has a mixture of owners and renters, with 51.74% owning and 48.26% renting.

There is a lot of housing in Collegeville built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Collegeville built between 1940-1969 ( 23.39%). A lesser amount of the housing stock also hails from before 1939 ( 8.74%). There's also some housing in Collegeville built between 2000 and later ( 4.41%).

Collegeville Home Appreciation Rates

Collegeville's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Collegeville during the period has been just -0.93%, which is lower than 70% of US communities.

Over the last year, Collegeville appreciation rates have trailed the rest of the nation. In the last twelve months, Collegeville's appreciation rate has been 1.97%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Collegeville were at 0.08%, which equates to an annual appreciation rate of 0.32%.

Relative to Pennsylvania, our data show that Collegeville's latest annual appreciation rate is lower than 50% 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 Collegeville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Collegeville - 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 Collegeville real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$337,449

Collegeville, PA HOME PRICES

Value Range
> $1,056,000 0.0
$792,001 - $1,056,000 1.3
$528,001 - $792,000 4.1
$422,001 - $528,000 14.3
$317,001 - $422,000 38.5
$211,001 - $317,000 32.3
$105,001 - $211,000 7.7
$53,001 - $105,000 0.0
$0 - $53,000 1.7

Very High for PA
Very High for Nation

Value Relative to Nation Value Relative to State
13.1196531114497 5.1207729468599

Number Of Homes And Apartments:
1,255

Collegeville 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
47.74% 2.29% 6 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,423 / per month

Homeownership Rate

Homeownership
Owners 51.74
Renters 48.26
Vacant 6.20

Housing Market Details

 

Age of Homes

AGE OF Collegeville HOMES
2000 or Newer 4.4
1970 - 1999 63.5
1940 - 1969 23.4
1939 or Older 8.7

Types of Homes

TYPE OF Collegeville HOMES
Single-Family 65.8
Townhomes 12.2
Small Apt. Buildings 2.1
Apt. Complexes 19.9
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Collegeville HOMES
No Bedroom 3.29
1 Bedroom 8.15
2 Bedrooms 14.05
3 Bedrooms 30.34
4 Bedrooms 38.49
5 or more bedrooms 5.68