Royersford, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Royersford Neighborhoods Since 2000




Royersford, 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

Royersford Housing Market Information

With 4,771 people, 2,159 houses or apartments, and a median cost of homes of $265,673, Royersford real estate is some of the most expensive in Pennsylvania, although Royersford home values aren't among America's most expensive.

Large apartment complexes or high rise apartments are the single most common housing type in Royersford, accounting for 41.19% of the borough's housing units. Other types of housing that are prevalent in Royersford include row houses and other attached homes ( 29.08%), single-family detached homes ( 16.84%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 12.67%). 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 Royersford primarily live in small (one, two or no bedroom) units, chiefly found in large apartment complexes or high rise apartments. Royersford has a mixture of owner-occupied and renter-occupied housing.

The housing in Royersford was primarily built before 1939 ( 36.89%), making the housing stock in Royersford some of the oldest overall in America, although there is a range of ages of homes in Royersford. The next most important housing age is between 1970-1999 ( 23.84%), followed by between 2000 and later ( 20.04%). There's also some housing in Royersford built between 1940-1969 ( 19.23%).

Royersford Home Appreciation Rates

Appreciation rates for homes in Royersford have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 1.22%, which ranks in the top 50% nationwide. This equates to an annual average Royersford house appreciation rate of 0.12%.

Appreciation rates are so strong in Royersford that despite a nationwide downturn in the housing market, Royersford real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Royersford appreciation rates continue to be some of the highest in America, at 5.64%, which is higher than appreciation rates in 70.73% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Royersford. Royersford appreciation rates in the latest quarter were at 0.08%, which equates to an annual appreciation rate of 0.32%.

Relative to Pennsylvania, our data show that Royersford's latest annual appreciation rate is higher than 80% 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 Royersford differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Royersford - 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 Royersford real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$265,673

Royersford, PA HOME PRICES

Value Range
> $1,114,000 0.0
$835,001 - $1,114,000 0.8
$557,001 - $835,000 0.0
$446,001 - $557,000 1.8
$334,001 - $446,000 7.9
$223,001 - $334,000 40.0
$111,001 - $223,000 40.8
$56,001 - $111,000 6.1
$0 - $56,000 2.6

Very High for PA
High for Nation

Value Relative to Nation Value Relative to State
20.3211062932146 10.048309178744

Number Of Homes And Apartments:
2,159

Royersford 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
68.52% 3.07% 10 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,196 / per month

Homeownership Rate

Homeownership
Owners 46.43
Renters 53.57
Vacant 7.93

Housing Market Details

 

Age of Homes

AGE OF Royersford HOMES
2000 or Newer 20.0
1970 - 1999 23.8
1940 - 1969 19.2
1939 or Older 36.9

Types of Homes

TYPE OF Royersford HOMES
Single-Family 16.8
Townhomes 29.1
Small Apt. Buildings 12.7
Apt. Complexes 41.2
Mobile Homes 0.2
Other 0.0

Home Size

SIZE OF Royersford HOMES
No Bedroom 2.90
1 Bedroom 22.43
2 Bedrooms 31.04
3 Bedrooms 28.36
4 Bedrooms 12.67
5 or more bedrooms 2.60