Perkiomenville, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Perkiomenville Neighborhoods Since 2000




Perkiomenville, 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

Perkiomenville Housing Market Information

With 6,746 people, 1,224 houses or apartments, and a median cost of homes of $248,015, Perkiomenville real estate is some of the most expensive in Pennsylvania, although Perkiomenville home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Perkiomenville, accounting for 73.90% of the town's housing units. Other types of housing that are prevalent in Perkiomenville include row houses and other attached homes ( 17.13%), large apartment complexes or high rise apartments ( 6.77%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.42%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Perkiomenville. Owner-occupied housing accounts for 82.97% of Perkiomenville's homes, and 70.10% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Perkiomenville 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 Perkiomenville built before 1939 ( 18.16%). A lesser amount of the housing stock also hails from between 1940-1969 ( 16.10%). There's also some housing in Perkiomenville built between 2000 and later ( 15.00%).

Perkiomenville Home Appreciation Rates

Perkiomenville's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Perkiomenville 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, Perkiomenville's appreciation rate, at 4.29%, has been at or slightly above the national average. In the latest quarter, Perkiomenville's appreciation rate has been 0.08%, which annualizes to a rate of 0.32%.

Relative to Pennsylvania, our data show that Perkiomenville's latest annual appreciation rate is higher than 70% of the other cities and towns in Pennsylvania.

Average Home Values

 

Median Home Value:
$248,015

Perkiomenville, PA HOME PRICES

Value Range
> $1,024,000 0.4
$768,001 - $1,024,000 1.1
$512,001 - $768,000 9.9
$410,001 - $512,000 6.1
$308,001 - $410,000 21.9
$205,001 - $308,000 33.3
$103,001 - $205,000 23.6
$51,001 - $103,000 1.3
$0 - $51,000 2.3

Very High for PA
High for Nation

Value Relative to Nation Value Relative to State
22.8407359662487 12.1739130434783

Number Of Homes And Apartments:
1,224

Perkiomenville 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
47.00% 2.26% 6 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,768 / per month

Homeownership Rate

Homeownership
Owners 82.97
Renters 17.03
Vacant 5.47

Housing Market Details

 

Age of Homes

AGE OF Perkiomenville HOMES
2000 or Newer 15.0
1970 - 1999 50.7
1940 - 1969 16.1
1939 or Older 18.2

Types of Homes

TYPE OF Perkiomenville HOMES
Single-Family 73.9
Townhomes 17.1
Small Apt. Buildings 1.4
Apt. Complexes 6.8
Mobile Homes 0.8
Other 0.0

Home Size

SIZE OF Perkiomenville HOMES
No Bedroom 1.58
1 Bedroom 7.22
2 Bedrooms 15.19
3 Bedrooms 42.48
4 Bedrooms 27.62
5 or more bedrooms 5.91