Havertown, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Havertown Neighborhoods Since 2000




Havertown, 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

Havertown Housing Market Information

With a population of 37,478, 1,389 total housing units (homes and apartments), and a median house value of $102,347, house prices in Havertown are solidly below the national average.

Single-family detached homes are the single most common housing type in Havertown, accounting for 77.79% of the town's housing units. Other types of housing that are prevalent in Havertown include row houses and other attached homes ( 11.74%), large apartment complexes or high rise apartments ( 6.55%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.85%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Havertown. Owner-occupied housing accounts for 87.75% of Havertown's homes, and 79.77% 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. Havertown's housing was primarily built during this period, from the '40s through the '60s. A full 61.77% of the town's housing hails from this era. Other housing ages represented in Havertown include homes built before 1939 ( 29.82%) and housing constructed between 1970-1999 ( 7.20%). There's also some housing in Havertown built between 2000 and later ( 1.21%).

Havertown Home Appreciation Rates

In the last 10 years, Havertown has experienced some of the highest home appreciation rates of any community in the nation. Havertown real estate appreciated 18.66% over the last ten years, which is an average annual home appreciation rate of 1.73%, putting Havertown in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Havertown 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, Havertown's appreciation rate, at 3.56%, has been at or slightly above the national average. In the latest quarter, Havertown's appreciation rate has been 0.99%, which annualizes to a rate of 4.00%.

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

Average Home Values

 

Median Home Value:
$102,347

Havertown, PA HOME PRICES

Value Range
> $1,124,000 0.5
$843,001 - $1,124,000 0.3
$562,001 - $843,000 0.4
$450,001 - $562,000 0.6
$337,001 - $450,000 2.1
$225,001 - $337,000 6.3
$112,001 - $225,000 32.0
$56,001 - $112,000 39.1
$0 - $56,000 18.7

Low for PA
Low for Nation

Value Relative to Nation Value Relative to State
76.1103949373022 74.2995169082126

Number Of Homes And Apartments:
1,389

Havertown 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
50.69% 2.41% 7 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$731 / per month

Homeownership Rate

Homeownership
Owners 87.75
Renters 12.25
Vacant 3.26

Housing Market Details

 

Age of Homes

AGE OF Havertown HOMES
2000 or Newer 1.2
1970 - 1999 7.2
1940 - 1969 61.8
1939 or Older 29.8

Types of Homes

TYPE OF Havertown HOMES
Single-Family 77.8
Townhomes 11.7
Small Apt. Buildings 3.8
Apt. Complexes 6.5
Mobile Homes 0.1
Other 0.0

Home Size

SIZE OF Havertown HOMES
No Bedroom 0.43
1 Bedroom 4.64
2 Bedrooms 8.62
3 Bedrooms 53.12
4 Bedrooms 26.64
5 or more bedrooms 6.54