Jenkintown, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Jenkintown Neighborhoods Since 2000




Jenkintown, 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

Jenkintown Housing Market Information

With a population of 4,431, 1,993 total housing units (homes and apartments), and a median house value of $255,598, 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 36.56% of the borough's housing units. Other types of housing that are prevalent in Jenkintown include single-family detached homes ( 30.98%), row houses and other attached homes ( 21.36%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 11.10%). This particular housing mix is relatively uncommon and characteristic of boroughs that are compact and walkable, and which often have a lively downtown.

Dwellings in Jenkintown tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 41.24% of the homes in Jenkintown have two or fewer bedrooms.

The housing in Jenkintown was primarily built before 1939 ( 54.56%), 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 ( 29.35%), followed by between 1970-1999 ( 16.08%).

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 -1.20%, which is lower than 70% of US communities.

Over the last year, Jenkintown appreciation rates have trailed the rest of the nation. In the last twelve months, Jenkintown's appreciation rate has been 1.61%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Jenkintown were at 0.08%, which equates to an annual appreciation rate of 0.32%.

Relative to Pennsylvania, our data show that Jenkintown's latest annual appreciation rate is lower than 60% of the other cities and towns in Pennsylvania.

Average Home Values

 

Median Home Value:
$255,598

Jenkintown, PA HOME PRICES

Value Range
> $1,045,000 0.0
$784,001 - $1,045,000 1.3
$523,001 - $784,000 8.8
$418,001 - $523,000 8.1
$314,001 - $418,000 16.7
$209,001 - $314,000 31.9
$105,001 - $209,000 20.4
$52,001 - $105,000 10.7
$0 - $52,000 2.1

Very High for PA
High for Nation

Value Relative to Nation Value Relative to State
21.7332708308918 11.304347826087

Number Of Homes And Apartments:
1,993

Jenkintown 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
41.03% 2.01% 5 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,340 / per month

Homeownership Rate

Homeownership
Owners 66.46
Renters 33.54
Vacant 1.68

Housing Market Details

 

Age of Homes

AGE OF Jenkintown HOMES
2000 or Newer 0.0
1970 - 1999 16.1
1940 - 1969 29.4
1939 or Older 54.6

Types of Homes

TYPE OF Jenkintown HOMES
Single-Family 31.0
Townhomes 21.4
Small Apt. Buildings 11.1
Apt. Complexes 36.6
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Jenkintown HOMES
No Bedroom 1.04
1 Bedroom 18.94
2 Bedrooms 21.26
3 Bedrooms 28.22
4 Bedrooms 11.20
5 or more bedrooms 19.34