Jefferson Hills, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Jefferson Hills Neighborhoods Since 2000




Jefferson Hills, 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

Jefferson Hills Housing Market Information

With 11,360 people, 4,397 houses or apartments, and a median cost of homes of $258,502, Jefferson Hills real estate is some of the most expensive in Pennsylvania, although Jefferson Hills home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Jefferson Hills, accounting for 77.00% of the borough's housing units. Other types of housing that are prevalent in Jefferson Hills include row houses and other attached homes ( 12.54%), large apartment complexes or high rise apartments ( 6.64%), and a few mobile homes or trailers ( 2.44%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Jefferson Hills. Owner-occupied housing accounts for 81.53% of Jefferson Hills's homes, and 62.70% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Jefferson Hills 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 Jefferson Hills built between 1940-1969 ( 33.54%). A lesser amount of the housing stock also hails from between 2000 and later ( 16.31%). There's also some housing in Jefferson Hills built before 1939 ( 8.32%).

Jefferson Hills Home Appreciation Rates

Appreciation rates for homes in Jefferson Hills have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 13.09%, which ranks in the top 30% nationwide. This equates to an annual average Jefferson Hills house appreciation rate of 1.24%.

Over the last year, Jefferson Hills appreciation rates have trailed the rest of the nation. In the last twelve months, Jefferson Hills's appreciation rate has been 0.00%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Jefferson Hills were at -0.41%, which equates to an annual appreciation rate of -1.65%.

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

Average Home Values

 

Median Home Value:
$258,502

Jefferson Hills, PA HOME PRICES

Value Range
> $1,092,000 0.8
$820,001 - $1,092,000 0.9
$546,001 - $820,000 2.7
$437,001 - $546,000 2.5
$328,001 - $437,000 12.4
$219,001 - $328,000 25.5
$109,001 - $219,000 30.8
$55,001 - $109,000 16.7
$0 - $55,000 7.5

Very High for PA
High for Nation

Value Relative to Nation Value Relative to State
21.3113793507559 10.5314009661836

Number Of Homes And Apartments:
4,397

Jefferson Hills 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
40.51% 1.99% 4 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,147 / per month

Homeownership Rate

Homeownership
Owners 81.53
Renters 18.47
Vacant 4.25

Housing Market Details

 

Age of Homes

AGE OF Jefferson Hills HOMES
2000 or Newer 16.3
1970 - 1999 41.8
1940 - 1969 33.5
1939 or Older 8.3

Types of Homes

TYPE OF Jefferson Hills HOMES
Single-Family 77.0
Townhomes 12.5
Small Apt. Buildings 1.4
Apt. Complexes 6.6
Mobile Homes 2.4
Other 0.0

Home Size

SIZE OF Jefferson Hills HOMES
No Bedroom 0.83
1 Bedroom 4.79
2 Bedrooms 25.65
3 Bedrooms 37.63
4 Bedrooms 25.07
5 or more bedrooms 6.03

Popular Neighborhoods in Jefferson Hills

Zip Codes in Jefferson Hills, PA