Sellersville, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Sellersville Neighborhoods Since 2000




Sellersville, 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

Sellersville Housing Market Information

With 4,212 people, 1,703 houses or apartments, and a median cost of homes of $208,559, Sellersville real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Sellersville, accounting for 40.73% of the borough's housing units. Other types of housing that are prevalent in Sellersville include row houses and other attached homes ( 34.14%), large apartment complexes or high rise apartments ( 12.89%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 12.23%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Sellersville. Owner-occupied housing accounts for 75.64% of Sellersville's homes, and 60.27% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Sellersville 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 Sellersville built before 1939 ( 34.59%). A lesser amount of the housing stock also hails from between 1940-1969 ( 21.69%). There's also some housing in Sellersville built between 2000 and later ( 3.71%).

Sellersville Home Appreciation Rates

Sellersville's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Sellersville during the period has been just -1.37%, which is lower than 80% of US communities.

Over the last year, Sellersville appreciation rates have trailed the rest of the nation. In the last twelve months, Sellersville's appreciation rate has been -0.83%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Sellersville were at 0.08%, which equates to an annual appreciation rate of 0.32%.

Relative to Pennsylvania, our data show that Sellersville's latest annual appreciation rate is lower than 80% of the other cities and towns in Pennsylvania.

Average Home Values

 

Median Home Value:
$208,559

Sellersville, PA HOME PRICES

Value Range
> $1,030,000 0.0
$773,001 - $1,030,000 0.7
$515,001 - $773,000 0.5
$412,001 - $515,000 1.8
$309,001 - $412,000 4.9
$206,001 - $309,000 41.6
$103,001 - $206,000 47.1
$51,001 - $103,000 0.0
$0 - $51,000 3.3

Very High for PA
High for Nation

Value Relative to Nation Value Relative to State
30.1652408297199 18.743961352657

Number Of Homes And Apartments:
1,703

Sellersville 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
39.09% 1.93% 4 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,286 / per month

Homeownership Rate

Homeownership
Owners 75.64
Renters 24.36
Vacant 5.76

Housing Market Details

 

Age of Homes

AGE OF Sellersville HOMES
2000 or Newer 3.7
1970 - 1999 40.0
1940 - 1969 21.7
1939 or Older 34.6

Types of Homes

TYPE OF Sellersville HOMES
Single-Family 40.7
Townhomes 34.1
Small Apt. Buildings 12.2
Apt. Complexes 12.9
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Sellersville HOMES
No Bedroom 0.28
1 Bedroom 10.51
2 Bedrooms 27.78
3 Bedrooms 43.83
4 Bedrooms 16.44
5 or more bedrooms 1.16