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
With 7,956 people, 3,812 houses or apartments, and a median cost of homes of $306,856, Conshohocken real estate is some of the most expensive in Pennsylvania, although Conshohocken home values aren't among America's most expensive.
Row houses and other attached homes are the single most common housing type in Conshohocken, accounting for 40.59% of the borough's housing units. Other types of housing that are prevalent in Conshohocken include large apartment complexes or high rise apartments ( 31.47%), duplexes, homes converted to apartments or other small apartment buildings ( 15.80%), and a few single-family detached homes ( 11.96%). Boroughs that are predominantly high-density buildings are relatively uncommon in the US. Because of the density, these types of boroughs are often walkable and compact, and often have a lively downtown.
People in Conshohocken primarily live in small (one, two or no bedroom) row houses and other attached homes. Conshohocken has a mixture of owner-occupied and renter-occupied housing.
The housing in Conshohocken was primarily built before 1939 ( 40.82%), making the housing stock in Conshohocken some of the oldest overall in America, although there is a range of ages of homes in Conshohocken. The next most important housing age is between 2000 and later ( 27.57%), followed by between 1940-1969 ( 19.65%). There's also some housing in Conshohocken built between 1970-1999 ( 11.96%).
Vacant housing appears to be an issue in Conshohocken. Fully 10.62% of the housing stock is classified as vacant. Left unchecked, vacant Conshohocken homes and apartments can be a drag on the real estate market, holding Conshohocken 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.
Appreciation rates for homes in Conshohocken have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 11.75%, which ranks in the top 30% nationwide. This equates to an annual average Conshohocken house appreciation rate of 1.12%.
NeighborhoodScout's data show that during the latest twelve months, Conshohocken's appreciation rate, at 5.12%, has been at or slightly above the national average. In the latest quarter, Conshohocken's appreciation rate has been 0.08%, which annualizes to a rate of 0.32%.
Relative to Pennsylvania, our data show that Conshohocken'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 borough. Individual neighborhoods within Conshohocken differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Conshohocken - 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 Conshohocken real estate investment or home purchase decisions.
|$848,001 - $1,131,000||0.0|
|$565,001 - $848,000||0.3|
|$453,001 - $565,000||5.1|
|$339,001 - $453,000||27.2|
|$226,001 - $339,000||56.4|
|$113,001 - $226,000||5.0|
|$57,001 - $113,000||3.1|
|$0 - $57,000||2.9|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Conshohocken HOMES|
|2000 or Newer||27.6|
|1970 - 1999||12.0|
|1940 - 1969||19.6|
|1939 or Older||40.8|
|TYPE OF Conshohocken HOMES|
|Small Apt. Buildings||15.8|
|SIZE OF Conshohocken HOMES|
|5 or more bedrooms||3.02|