Dresher, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Dresher Neighborhoods Since 2000




Dresher, 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

Dresher Housing Market Information

With a population of 9,049, 1,556 total housing units (homes and apartments), and a median house value of $101,559, house prices in Dresher are solidly below the national average.

Dresher is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Dresher than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Dresher. Owner-occupied housing accounts for 96.15% of Dresher's homes, and 79.51% have either three or four bedrooms, which is average sized relative to America.

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. Dresher's housing was primarily built during this period, from the '40s through the '60s. A full 49.29% of the town's housing hails from this era. Other housing ages represented in Dresher include homes built between 1970-1999 ( 42.10%) and housing constructed between 2000 and later ( 7.47%). There's also some housing in Dresher built before 1939 ( 1.13%).

Dresher Home Appreciation Rates

In the last 10 years, Dresher has experienced some of the highest home appreciation rates of any community in the nation. Dresher real estate appreciated 21.28% over the last ten years, which is an average annual home appreciation rate of 1.95%, putting Dresher in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Dresher definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Dresher's appreciation rate, at 5.03%, has been at or slightly above the national average. In the latest quarter, Dresher's appreciation rate has been 0.99%, which annualizes to a rate of 4.00%.

Relative to Pennsylvania, our data show that Dresher's latest annual appreciation rate is higher than 80% of the other cities and towns in Pennsylvania.

Average Home Values

 

Median Home Value:
$101,559

Dresher, PA HOME PRICES

Value Range
> $1,118,000 0.7
$839,001 - $1,118,000 0.2
$559,001 - $839,000 0.8
$447,001 - $559,000 1.5
$335,001 - $447,000 2.3
$223,001 - $335,000 6.2
$112,001 - $223,000 24.4
$56,001 - $112,000 35.7
$0 - $56,000 28.3

Low for PA
Low for Nation

Value Relative to Nation Value Relative to State
76.5938122582913 75.3623188405797

Number Of Homes And Apartments:
1,556

Dresher 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
43.03% 2.10% 5 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$625 / per month

Homeownership Rate

Homeownership
Owners 96.15
Renters 3.85
Vacant 4.11

Housing Market Details

 

Age of Homes

AGE OF Dresher HOMES
2000 or Newer 7.5
1970 - 1999 42.1
1940 - 1969 49.3
1939 or Older 1.1

Types of Homes

TYPE OF Dresher HOMES
Single-Family 81.9
Townhomes 11.1
Small Apt. Buildings 1.3
Apt. Complexes 5.8
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Dresher HOMES
No Bedroom 0.00
1 Bedroom 2.03
2 Bedrooms 8.49
3 Bedrooms 30.86
4 Bedrooms 48.64
5 or more bedrooms 9.97