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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Jenkintown, PA Real Estate Market

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 Q3 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2021 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Jenkintown, PA Housing Market Trends

With a population of 4,704, 1,916 total housing units (homes and apartments), and a median house value of $401,754, Jenkintown real estate is some of the most expensive in Pennsylvania, although Jenkintown home values aren't among America's most expensive.

Large apartment complexes or high rise apartments are the single most common housing type in Jenkintown, accounting for 30.97% of the borough's housing units. Other types of housing that are prevalent in Jenkintown include single-family detached homes ( 27.00%), row houses and other attached homes ( 23.17%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 18.86%). Boroughs with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact boroughs that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.

Dwellings in Jenkintown tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 47.34% of the homes in Jenkintown have two or fewer bedrooms.

The housing in Jenkintown was primarily built before 1939 ( 56.44%), making the housing stock in Jenkintown some of the oldest overall in America, although there is a range of ages of homes in Jenkintown. The next most important housing age is between 1940-1969 ( 30.11%), followed by between 1970-1999 ( 11.35%). There's also some housing in Jenkintown built between 2000 and later ( 2.11%).

Jenkintown Home Appreciation Rates

Jenkintown's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Jenkintown during the period has been just 5.01%, which is lower than 70% of US communities.

Appreciation rates are so strong in Jenkintown that despite a nationwide downturn in the housing market, Jenkintown real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Jenkintown appreciation rates continue to be some of the highest in America, at 6.56%, which is higher than appreciation rates in 78.59% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Jenkintown. Jenkintown appreciation rates in the latest quarter were at 2.80%, which equates to an annual appreciation rate of 11.66%.

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

Average Home Values

Median Home Value

$401,754

Jenkintown, PA Home Prices
> $1,402,000
$1,051,001 - $1,402,000
$701,001 - $1,051,000
$561,001 - $701,000
$420,001 - $561,000
$280,001 - $420,000
$140,001 - $280,000
$70,001 - $140,000
$0 - $70,000
0.0%
0.0%
3.1%
3.1%
2.3%
2.3%
16.6%
16.6%
25.4%
25.4%
19.4%
19.4%
24.4%
24.4%
6.3%
6.3%
2.5%
2.5%
0% 100.0%
% of Homes
Very High

for Pennsylvania

High

for nation

Number of Homes And Apartments:

1,916

Jenkintown Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,342 / per month

Homeownership Rate

Owners
Renters
Vacant
65.2%
65.2%
34.8%
34.8%
8.3%
8.3%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
2.1%
2.1%
11.3%
11.3%
30.1%
30.1%
56.4%
56.4%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
27.0%
27.0%
23.2%
23.2%
18.9%
18.9%
31.0%
31.0%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
7.0%
7.0%
16.8%
16.8%
23.6%
23.6%
27.8%
27.8%
6.1%
6.1%
18.7%
18.7%
0% 100.0%
% of Homes