Newtown Square PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Newtown Square, 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 Q3 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

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

Newtown Square Housing Market Information

With 22,125 people, 1,730 houses or apartments, and a median cost of homes of $107,150, house prices in Newtown Square are some of the most affordable in Pennsylvania as well as the nation.

Single-family detached homes are the single most common housing type in Newtown Square, accounting for 61.98% of the town's housing units. Other types of housing that are prevalent in Newtown Square include row houses and other attached homes ( 20.39%), large apartment complexes or high rise apartments ( 13.32%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.30%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Newtown Square. Owner-occupied housing accounts for 78.57% of Newtown Square's homes, and 62.43% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Newtown Square built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Newtown Square built between 1940-1969 ( 38.99%). A lesser amount of the housing stock also hails from between 2000 and later ( 13.66%). There's also some housing in Newtown Square built before 1939 ( 5.42%).

Newtown Square Home Appreciation Rates

Appreciation rates for homes in Newtown Square have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 31.47%, which ranks in the top 50% nationwide. This equates to an annual average Newtown Square house appreciation rate of 2.77%.

NeighborhoodScout's data show that during the latest twelve months, Newtown Square's appreciation rate, at 3.89%, has been at or slightly above the national average. In the latest quarter, Newtown Square's appreciation rate has been 0.96%, which annualizes to a rate of 3.90%.

Relative to Pennsylvania, our data show that Newtown Square's latest annual appreciation rate is lower than 60% 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 Newtown Square differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Newtown Square - 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 Newtown Square real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$107,150

Newtown Square, PA HOME PRICES

Value Range
> $1,133,000 0.3
$849,001 - $1,133,000 0.0
$567,001 - $849,000 0.3
$454,001 - $567,000 1.4
$340,001 - $454,000 1.2
$226,001 - $340,000 12.4
$113,001 - $226,000 31.7
$57,001 - $113,000 30.4
$0 - $57,000 22.3

Very Low for PA
Very Low for Nation

Value Relative to Nation Value Relative to State
82.8321167883212 80.4054054054054

Number Of Homes And Apartments:
1,730

Newtown Square Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
PA*
Compared To
America*
Latest Quarter:
2020 Q2 - 2020 Q3
Last 12 Months:
2019 Q3 - 2020 Q3
Last 2 Years:
2018 Q3 - 2020 Q3
Last 5 Years:
2015 Q3 - 2020 Q3
Last 10 Years:
2010 Q3 - 2020 Q3
Since 2000:
2000 Q1 - 2020 Q3
68.80% 2.56%
6
5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$781 / per month

Homeownership Rate

Homeownership
Owners 78.57
Renters 21.43
Vacant 6.54

Housing Market Details

 

Age of Homes

AGE OF Newtown Square HOMES
2000 or Newer 13.7
1970 - 1999 41.9
1940 - 1969 39.0
1939 or Older 5.4

Types of Homes

TYPE OF Newtown Square HOMES
Single-Family 62.0
Townhomes 20.4
Small Apt. Buildings 4.3
Apt. Complexes 13.3
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Newtown Square HOMES
No Bedroom 1.49
1 Bedroom 6.02
2 Bedrooms 19.87
3 Bedrooms 32.86
4 Bedrooms 29.57
5 or more bedrooms 10.18