Media, PA


Highest Appreciating Media Neighborhoods Since 2000

Media, 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

Media Housing Market Information

With a population of 5,363, 2,564 total housing units (homes and apartments), and a median house value of $323,360, Media house prices are not only among the most expensive in Pennsylvania, Media real estate also is some of the most expensive in all of America.

Large apartment complexes or high rise apartments are the single most common housing type in Media, accounting for 33.76% of the borough's housing units. Other types of housing that are prevalent in Media include row houses and other attached homes ( 25.13%), duplexes, homes converted to apartments or other small apartment buildings ( 20.87%), and a few single-family detached homes ( 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.

People in Media primarily live in small (one, two or no bedroom) units, chiefly found in large apartment complexes or high rise apartments. Media has a mixture of owner-occupied and renter-occupied housing.

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. Media's housing was primarily built during this period, from the '40s through the '60s. A full 34.49% of the borough's housing hails from this era. Other housing ages represented in Media include homes built before 1939 ( 33.21%) and housing constructed between 1970-1999 ( 28.55%). There's also some housing in Media built between 2000 and later ( 3.75%).

Media Home Appreciation Rates

Appreciation rates for homes in Media have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 9.00%, which ranks in the top 40% nationwide. This equates to an annual average Media house appreciation rate of 0.87%.

NeighborhoodScout's data show that during the latest twelve months, Media's appreciation rate, at 3.60%, has been at or slightly above the national average. In the latest quarter, Media's appreciation rate has been 0.08%, which annualizes to a rate of 0.32%.

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

Average Home Values


Median Home Value:


Value Range
> $1,113,000 0.0
$835,001 - $1,113,000 4.0
$557,001 - $835,000 5.8
$445,001 - $557,000 9.1
$334,001 - $445,000 25.7
$222,001 - $334,000 37.0
$111,001 - $222,000 10.8
$56,001 - $111,000 5.7
$0 - $56,000 1.9

Very High for PA
Very High for Nation

Value Relative to Nation Value Relative to State
14.2564162662604 5.99033816425121

Number Of Homes And Apartments:

Media Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
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
76.26% 3.34% 10 9
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,267 / per month

Homeownership Rate

Owners 39.91
Renters 60.09
Vacant 6.63

Housing Market Details


Age of Homes

2000 or Newer 3.8
1970 - 1999 28.6
1940 - 1969 34.5
1939 or Older 33.2

Types of Homes

Single-Family 18.9
Townhomes 25.1
Small Apt. Buildings 20.9
Apt. Complexes 33.8
Mobile Homes 1.4
Other 0.0

Home Size

No Bedroom 2.22
1 Bedroom 30.88
2 Bedrooms 30.52
3 Bedrooms 25.27
4 Bedrooms 8.63
5 or more bedrooms 2.48