Jenkintown, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Jenkintown Neighborhoods Since 2000




Jenkintown, PA Real Estate Data


Jenkintown Housing Market Information

With 4,431 people, 2,024 houses or apartments, and a median cost of homes of $255,472, 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 38.01% of the borough's housing units. Other types of housing that are prevalent in Jenkintown include single-family detached homes ( 29.73%), row houses and other attached homes ( 20.60%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 11.66%). 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, 42.34% of the homes in Jenkintown have two or fewer bedrooms.

The housing in Jenkintown was primarily built before 1939 ( 52.57%), 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 ( 30.97%), followed by between 1970-1999 ( 16.46%).

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 -1.05%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Jenkintown's appreciation rate, at 4.88%, has been at or slightly above the national average. In the latest quarter, Jenkintown's appreciation rate has been 1.89%, which annualizes to a rate of 7.76%.

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.

Average Home Values

 

Median Home Value:
$255,472

Jenkintown, PA HOME PRICES

Value Range
> $1,083,000 0.0
$812,001 - $1,083,000 1.0
$541,001 - $812,000 7.6
$433,001 - $541,000 7.3
$325,001 - $433,000 15.8
$217,001 - $325,000 34.1
$108,001 - $217,000 23.0
$54,001 - $108,000 8.0
$0 - $54,000 3.2

Very High for PA
High for Nation

Value Relative to Nation Value Relative to State
22.2521520173333 11.0144927536232

Number Of Homes And Apartments:
2,024

Rent & Ownership

 

Average Market Rent:
$1,446 / per month

Homeownership Rate

Homeownership
Owners 69.98
Renters 30.02
Vacant 3.71

Housing Market Details

 

Age of Homes

AGE OF Jenkintown HOMES
2000 or Newer 0.0
1970 - 1999 16.5
1940 - 1969 31.0
1939 or Older 52.6

Types of Homes

TYPE OF Jenkintown HOMES
Single-Family 29.7
Townhomes 20.6
Small Apt. Buildings 11.7
Apt. Complexes 38.0
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Jenkintown HOMES
No Bedroom 1.00
1 Bedroom 17.51
2 Bedrooms 23.83
3 Bedrooms 29.88
4 Bedrooms 11.23
5 or more bedrooms 16.56

Jenkintown Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
PA*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
43.03% 2.13% 4 5
* 10 is highest