Glenolden, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Glenolden Neighborhoods Since 2000




Glenolden, 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

Glenolden Housing Market Information

With a population of 7,173, 2,972 total housing units (homes and apartments), and a median house value of $154,265, Glenolden real estate and house prices are near the national average for all cities and towns.

Row houses and other attached homes are the single most common housing type in Glenolden, accounting for 33.91% of the borough's housing units. Other types of housing that are prevalent in Glenolden include single-family detached homes ( 32.37%), large apartment complexes or high rise apartments ( 24.12%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 9.60%). 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.

The most prevalent building size and type in Glenolden are three and four bedroom dwellings, chiefly found in row houses and other attached homes. The borough has a mixture of owners and renters, with 63.31% owning and 36.69% renting.

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. Glenolden's housing was primarily built during this period, from the '40s through the '60s. A full 56.81% of the borough's housing hails from this era. Other housing ages represented in Glenolden include homes built before 1939 ( 28.42%) and housing constructed between 1970-1999 ( 14.15%).

Glenolden Home Appreciation Rates

Homes have actually lost value in Glenolden over the last then years, as home values have seen a decline of 21.44% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Glenolden home appreciation rates at 0.08%, which equates to an annual appreciation rate of 0.32%.

NeighborhoodScout's data show that during the latest twelve months, Glenolden's appreciation rate, at 5.33%, has been at or slightly above the national average. In the latest quarter, Glenolden's appreciation rate has been 0.08%, which annualizes to a rate of 0.32%.

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

Average Home Values

 

Median Home Value:
$154,265

Glenolden, PA HOME PRICES

Value Range
> $966,000 0.0
$724,001 - $966,000 0.0
$483,001 - $724,000 0.0
$387,001 - $483,000 0.0
$290,001 - $387,000 1.2
$193,001 - $290,000 21.3
$97,001 - $193,000 55.4
$48,001 - $97,000 15.3
$0 - $48,000 6.8

Average for PA
Average for Nation

Value Relative to Nation Value Relative to State
48.2421188327669 42.6086956521739

Number Of Homes And Apartments:
2,972

Glenolden 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
34.06% 1.71% 3 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,217 / per month

Homeownership Rate

Homeownership
Owners 63.31
Renters 36.69
Vacant 6.78

Housing Market Details

 

Age of Homes

AGE OF Glenolden HOMES
2000 or Newer 0.6
1970 - 1999 14.1
1940 - 1969 56.8
1939 or Older 28.4

Types of Homes

TYPE OF Glenolden HOMES
Single-Family 32.4
Townhomes 33.9
Small Apt. Buildings 9.6
Apt. Complexes 24.1
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Glenolden HOMES
No Bedroom 0.72
1 Bedroom 19.64
2 Bedrooms 25.47
3 Bedrooms 44.13
4 Bedrooms 8.78
5 or more bedrooms 1.25