Swarthmore, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Swarthmore Neighborhoods Since 2000




Swarthmore, PA Real Estate Data


Swarthmore Housing Market Information

With 6,211 people, 1,888 houses or apartments, and a median cost of homes of $481,826, Swarthmore house prices are not only among the most expensive in Pennsylvania, Swarthmore real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Swarthmore, accounting for 61.28% of the borough's housing units. Other types of housing that are prevalent in Swarthmore include large apartment complexes or high rise apartments ( 25.93%), duplexes, homes converted to apartments or other small apartment buildings ( 7.60%), and a few row houses and other attached homes ( 4.30%).

The most prevalent building size and type in Swarthmore are three and four bedroom dwellings, chiefly found in single-family detached homes. The borough has a mixture of owners and renters, with 58.02% owning and 41.98% renting.

The housing in Swarthmore was primarily built before 1939 ( 51.51%), making the housing stock in Swarthmore some of the oldest overall in America, although there is a range of ages of homes in Swarthmore. The next most important housing age is between 1940-1969 ( 36.49%), followed by between 1970-1999 ( 10.52%). There's also some housing in Swarthmore built between 2000 and later ( 1.48%).

Swarthmore Home Appreciation Rates

Real estate appreciation rates in Swarthmore's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 0.17% during the period.

NeighborhoodScout's data show that during the latest twelve months, Swarthmore's appreciation rate, at 4.87%, has been at or slightly above the national average. In the latest quarter, Swarthmore's appreciation rate has been 1.89%, which annualizes to a rate of 7.76%.

Relative to Pennsylvania, our data show that Swarthmore's latest annual appreciation rate is higher than 70% of the other cities and towns in Pennsylvania.

Average Home Values

 

Median Home Value:
$481,826

Swarthmore, PA HOME PRICES

Value Range
> $1,093,000 0.0
$820,001 - $1,093,000 8.1
$546,001 - $820,000 26.2
$437,001 - $546,000 20.2
$328,001 - $437,000 22.6
$219,001 - $328,000 8.0
$109,001 - $219,000 10.1
$55,001 - $109,000 4.1
$0 - $55,000 0.8

Very High for PA
Very High for Nation

Value Relative to Nation Value Relative to State
6.72834807050419 1.54589371980676

Number Of Homes And Apartments:
1,888

Rent & Ownership

 

Average Market Rent:
$1,258 / per month

Homeownership Rate

Homeownership
Owners 58.02
Renters 41.98
Vacant 6.77

Housing Market Details

 

Age of Homes

AGE OF Swarthmore HOMES
2000 or Newer 1.5
1970 - 1999 10.5
1940 - 1969 36.5
1939 or Older 51.5

Types of Homes

TYPE OF Swarthmore HOMES
Single-Family 61.3
Townhomes 4.3
Small Apt. Buildings 7.6
Apt. Complexes 25.9
Mobile Homes 0.9
Other 0.0

Home Size

SIZE OF Swarthmore HOMES
No Bedroom 3.31
1 Bedroom 14.32
2 Bedrooms 16.84
3 Bedrooms 28.64
4 Bedrooms 15.90
5 or more bedrooms 20.99

Swarthmore Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
PA*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
59.93% 2.80% 8 7
* 10 is highest