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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 1,288, 620 total housing units (homes and apartments), and a median house value of $274,600, Schwenksville real estate and house prices are near the national average for all cities and towns.
Large apartment complexes or high rise apartments are the single most common housing type in Schwenksville, accounting for 48.08% of the borough's housing units. Other types of housing that are prevalent in Schwenksville include single-family detached homes ( 28.85%), row houses and other attached homes ( 17.01%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.62%). Boroughs that are predominantly high-density buildings are relatively uncommon in the US. Because of the density, these types of boroughs are often walkable and compact, and often have a lively downtown.
The most prevalent building size and type in Schwenksville are three and four bedroom dwellings. The borough has a mixture of owners and renters, with 63.36% owning and 36.64% renting.
There is a lot of housing in Schwenksville 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 Schwenksville built between 1940-1969 ( 31.07%). A lesser amount of the housing stock also hails from before 1939 ( 14.94%). There's also some housing in Schwenksville built between 2000 and later ( 5.92%).
Real estate appreciation rates in Schwenksville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.60% during the period.
NeighborhoodScout's data show that during the latest twelve months, Schwenksville's appreciation rate, at 6.29%, has been at or slightly above the national average. In the latest quarter, Schwenksville's appreciation rate has been 0.82%, which annualizes to a rate of 3.32%.
Relative to Pennsylvania, our data show that Schwenksville's latest annual appreciation rate is higher than 70% of the other cities and towns in Pennsylvania.
$274,600
for Pennsylvania
for nation
620
$1,858 / per month