Levittown, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Levittown Neighborhoods Since 2000




Levittown, 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

Levittown Housing Market Information

With a population of 52,619, 18,095 total housing units (homes and apartments), and a median house value of $224,406, Levittown real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Levittown, accounting for 87.17% of the town's housing units. Other types of housing that are prevalent in Levittown include large apartment complexes or high rise apartments ( 8.07%), duplexes, homes converted to apartments or other small apartment buildings ( 2.68%), and a few row houses and other attached homes ( 1.85%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Levittown. Owner-occupied housing accounts for 84.04% of Levittown's homes, and 78.50% 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. Levittown's housing was primarily built during this period, from the '40s through the '60s. A full 84.65% of the town's housing hails from this era. Other housing ages represented in Levittown include homes built between 1970-1999 ( 12.77%) and housing constructed before 1939 ( 1.77%).

Levittown Home Appreciation Rates

Levittown's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Levittown during the period has been just -1.09%, which is lower than 70% of US communities.

Over the last year, Levittown appreciation rates have trailed the rest of the nation. In the last twelve months, Levittown's appreciation rate has been 2.42%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Levittown were at 0.08%, which equates to an annual appreciation rate of 0.32%.

Relative to Pennsylvania, our data show that Levittown's latest annual appreciation rate is higher than 50% 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 Levittown differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Levittown - 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 Levittown real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$224,406

Levittown, PA HOME PRICES

Value Range
> $1,053,000 0.6
$790,001 - $1,053,000 0.0
$527,001 - $790,000 0.7
$421,001 - $527,000 0.8
$316,001 - $421,000 9.0
$211,001 - $316,000 55.9
$105,001 - $211,000 28.9
$53,001 - $105,000 1.0
$0 - $53,000 3.1

Very High for PA
High for Nation

Value Relative to Nation Value Relative to State
26.8955818586664 15.8454106280193

Number Of Homes And Apartments:
18,095

Levittown 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
68.54% 3.07% 10 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,547 / per month

Homeownership Rate

Homeownership
Owners 84.04
Renters 15.96
Vacant 5.96

Housing Market Details

 

Age of Homes

AGE OF Levittown HOMES
2000 or Newer 0.8
1970 - 1999 12.8
1940 - 1969 84.6
1939 or Older 1.8

Types of Homes

TYPE OF Levittown HOMES
Single-Family 87.2
Townhomes 1.9
Small Apt. Buildings 2.7
Apt. Complexes 8.1
Mobile Homes 0.2
Other 0.0

Home Size

SIZE OF Levittown HOMES
No Bedroom 2.17
1 Bedroom 4.92
2 Bedrooms 8.74
3 Bedrooms 42.62
4 Bedrooms 35.88
5 or more bedrooms 5.66