menu
Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Phoenixville, PA Real Estate Market

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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

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

Phoenixville, PA Housing Market Trends

With a population of 19,354, 8,374 total housing units (homes and apartments), and a median house value of $428,836, Phoenixville real estate is some of the most expensive in Pennsylvania, although Phoenixville home values aren't among America's most expensive.

Row houses and other attached homes are the single most common housing type in Phoenixville, accounting for 36.33% of the borough's housing units. Other types of housing that are prevalent in Phoenixville include large apartment complexes or high rise apartments ( 31.98%), single-family detached homes ( 23.53%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 8.16%). 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.

The most prevalent building size and type in Phoenixville are three and four bedroom dwellings, chiefly found in row houses and other attached homes. The borough has a mixture of owners and renters, with 49.84% owning and 50.16% renting.

The housing in Phoenixville was primarily built before 1939 ( 28.28%), making the housing stock in Phoenixville some of the oldest overall in America, although there is a range of ages of homes in Phoenixville. The next most important housing age is between 1970-1999 ( 28.02%), followed by between 2000 and later ( 23.23%). There's also some housing in Phoenixville built between 1940-1969 ( 20.47%).

Phoenixville Home Appreciation Rates

Appreciation rates for homes in Phoenixville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 88.77%, which ranks in the top 50% nationwide. This equates to an annual average Phoenixville house appreciation rate of 6.56%.

NeighborhoodScout's data show that during the latest twelve months, Phoenixville's appreciation rate, at 6.29%, has been at or slightly above the national average. In the latest quarter, Phoenixville's appreciation rate has been 0.82%, which annualizes to a rate of 3.32%.

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

Average Home Values

Median Home Value

$428,836

Phoenixville, PA Home Prices
> $1,379,000
$1,034,001 - $1,379,000
$689,001 - $1,034,000
$551,001 - $689,000
$414,001 - $551,000
$276,001 - $414,000
$138,001 - $276,000
$69,001 - $138,000
$0 - $69,000
0.6%
0.6%
0.2%
0.2%
8.7%
8.7%
9.2%
9.2%
42.2%
42.2%
27.5%
27.5%
9.1%
9.1%
1.8%
1.8%
0.8%
0.8%
0% 100.0%
% of Homes
Very High

for Pennsylvania

High

for nation

Number of Homes And Apartments:

8,374

Phoenixville Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,753 / per month

Homeownership Rate

Owners
Renters
49.8%
49.8%
50.2%
50.2%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
6.0%
6.0%
94.0%
94.0%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
23.2%
23.2%
28.0%
28.0%
20.5%
20.5%
28.3%
28.3%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
23.5%
23.5%
36.3%
36.3%
8.2%
8.2%
32.0%
32.0%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.7%
2.7%
20.7%
20.7%
24.9%
24.9%
36.9%
36.9%
13.1%
13.1%
1.6%
1.6%
0% 100.0%
% of Homes