Glenside, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Glenside, 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

Glenside Housing Market Information

With a population of 8,439, 2,742 total housing units (homes and apartments), and a median house value of $292,956, Glenside real estate is some of the most expensive in Pennsylvania, although Glenside home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Glenside, accounting for 57.01% of the town's housing units. Other types of housing that are prevalent in Glenside include row houses and other attached homes ( 20.98%), duplexes, homes converted to apartments or other small apartment buildings ( 12.99%), and a few large apartment complexes or high rise apartments ( 9.03%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Glenside. Owner-occupied housing accounts for 73.13% of Glenside's homes, and 60.56% have either three or four bedrooms, which is average sized relative to America.

The housing in Glenside was primarily built before 1939 ( 62.14%), making the housing stock in Glenside some of the oldest overall in America, although there is a range of ages of homes in Glenside. The next most important housing age is between 1940-1969 ( 30.52%), followed by between 1970-1999 ( 7.03%).

Glenside Home Appreciation Rates

Real estate appreciation rates in Glenside's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.56% during the period.

Over the last year, Glenside appreciation rates have trailed the rest of the nation. In the last twelve months, Glenside's appreciation rate has been 1.81%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Glenside were at 0.08%, which equates to an annual appreciation rate of 0.32%.

Relative to Pennsylvania, our data show that Glenside'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 town. Individual neighborhoods within Glenside differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Glenside - 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 Glenside real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$292,956

Glenside, PA HOME PRICES

Value Range
> $1,059,000 0.0
$794,001 - $1,059,000 0.3
$530,001 - $794,000 1.8
$424,001 - $530,000 5.5
$317,001 - $424,000 25.4
$212,001 - $317,000 53.3
$106,001 - $212,000 12.4
$53,001 - $106,000 0.6
$0 - $53,000 0.6

Very High for PA
Very High for Nation

Value Relative to Nation Value Relative to State
16.9225360365639 7.82608695652174

Number Of Homes And Apartments:
2,742

Glenside 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
65.36% 2.96% 9 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,258 / per month

Homeownership Rate

Homeownership
Owners 73.13
Renters 26.87
Vacant 5.55

Housing Market Details

 

Age of Homes

AGE OF Glenside HOMES
2000 or Newer 0.3
1970 - 1999 7.0
1940 - 1969 30.5
1939 or Older 62.1

Types of Homes

TYPE OF Glenside HOMES
Single-Family 57.0
Townhomes 21.0
Small Apt. Buildings 13.0
Apt. Complexes 9.0
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Glenside HOMES
No Bedroom 1.52
1 Bedroom 10.99
2 Bedrooms 13.88
3 Bedrooms 37.93
4 Bedrooms 22.63
5 or more bedrooms 13.06