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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.



Sharon Hill, 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

Sharon Hill, PA Housing Market Trends

With a population of 5,953, 1,992 total housing units (homes and apartments), and a median house value of $172,516, house prices in Sharon Hill are solidly below the national average.

Row houses and other attached homes are the single most common housing type in Sharon Hill, accounting for 57.02% of the borough's housing units. Other types of housing that are prevalent in Sharon Hill include single-family detached homes ( 17.07%), duplexes, homes converted to apartments or other small apartment buildings ( 15.91%), and a few large apartment complexes or high rise apartments ( 9.81%). This particular housing mix is relatively uncommon and characteristic of boroughs that are compact and walkable, and which often have a lively downtown.

The most prevalent building size and type in Sharon Hill 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 59.97% owning and 40.03% renting.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Sharon Hill's housing was primarily built during this period, from the '40s through the '60s. A full 64.86% of the borough's housing hails from this era. Other housing ages represented in Sharon Hill include homes built before 1939 ( 26.11%) and housing constructed between 1970-1999 ( 9.04%).

Sharon Hill Home Appreciation Rates

Real estate appreciation rates in Sharon Hill's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.59% during the period.

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

Relative to Pennsylvania, our data show that Sharon Hill's latest annual appreciation rate is higher than 60% of the other cities and towns in Pennsylvania.

Average Home Values

Median Home Value

$172,516

Sharon Hill, PA Home Prices
> $1,333,000
$1,000,001 - $1,333,000
$666,001 - $1,000,000
$533,001 - $666,000
$400,001 - $533,000
$266,001 - $400,000
$133,001 - $266,000
$67,001 - $133,000
$0 - $67,000
0.0%
0.0%
0.0%
0.0%
4.2%
4.2%
0.0%
0.0%
3.7%
3.7%
9.7%
9.7%
56.2%
56.2%
24.4%
24.4%
1.9%
1.9%
0% 100.0%
% of Homes
Low

for Pennsylvania

Low

for nation

Number of Homes And Apartments:

1,992

Sharon Hill Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,228 / per month

Homeownership Rate

Owners
Renters
60.0%
60.0%
40.0%
40.0%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
4.2%
4.2%
95.8%
95.8%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
0.0%
0.0%
9.0%
9.0%
64.9%
64.9%
26.1%
26.1%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
17.1%
17.1%
57.0%
57.0%
15.9%
15.9%
9.8%
9.8%
0.2%
0.2%
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
2.2%
2.2%
3.3%
3.3%
28.0%
28.0%
60.0%
60.0%
5.1%
5.1%
1.5%
1.5%
0% 100.0%
% of Homes

Popular Neighborhoods in Sharon Hill

Zip Codes in Sharon Hill, PA