Harleysville, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Harleysville, 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

Harleysville Housing Market Information

With a population of 9,520, 3,537 total housing units (homes and apartments), and a median house value of $350,888, Harleysville house prices are not only among the most expensive in Pennsylvania, Harleysville 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 Harleysville, accounting for 46.40% of the town's housing units. Other types of housing that are prevalent in Harleysville include row houses and other attached homes ( 24.51%), large apartment complexes or high rise apartments ( 21.16%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.93%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Harleysville. Owner-occupied housing accounts for 65.24% of Harleysville's homes, and 61.07% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Harleysville 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 Harleysville built between 2000 and later ( 18.16%). A lesser amount of the housing stock also hails from between 1940-1969 ( 13.74%). There's also some housing in Harleysville built before 1939 ( 3.74%).

Harleysville Home Appreciation Rates

Real estate appreciation rates in Harleysville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.66% during the period.

Over the last year, Harleysville appreciation rates have trailed the rest of the nation. In the last twelve months, Harleysville's appreciation rate has been 1.21%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Harleysville were at 0.08%, which equates to an annual appreciation rate of 0.32%.

Relative to Pennsylvania, our data show that Harleysville's latest annual appreciation rate is lower than 70% 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 Harleysville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Harleysville - 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 Harleysville real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$350,888

Harleysville, PA HOME PRICES

Value Range
> $1,059,000 0.3
$794,001 - $1,059,000 1.3
$529,001 - $794,000 9.3
$423,001 - $529,000 14.7
$317,001 - $423,000 24.7
$212,001 - $317,000 38.3
$106,001 - $212,000 7.4
$53,001 - $106,000 0.1
$0 - $53,000 3.9

Very High for PA
Very High for Nation

Value Relative to Nation Value Relative to State
12.1469588655807 3.86473429951691

Number Of Homes And Apartments:
3,537

Harleysville 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
58.43% 2.70% 8 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,434 / per month

Homeownership Rate

Homeownership
Owners 65.24
Renters 34.76
Vacant 3.57

Housing Market Details

 

Age of Homes

AGE OF Harleysville HOMES
2000 or Newer 18.2
1970 - 1999 64.4
1940 - 1969 13.7
1939 or Older 3.7

Types of Homes

TYPE OF Harleysville HOMES
Single-Family 46.4
Townhomes 24.5
Small Apt. Buildings 7.9
Apt. Complexes 21.2
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Harleysville HOMES
No Bedroom 2.24
1 Bedroom 13.39
2 Bedrooms 21.46
3 Bedrooms 38.74
4 Bedrooms 22.33
5 or more bedrooms 1.85