Upper Darby, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Upper Darby, 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

Upper Darby Housing Market Information

With a population of 37,393, 1,646 total housing units (homes and apartments), and a median house value of $100,367, house prices in Upper Darby are solidly below the national average.

Row houses and other attached homes are the single most common housing type in Upper Darby, accounting for 51.51% of the town's housing units. Other types of housing that are prevalent in Upper Darby include single-family detached homes ( 18.63%), large apartment complexes or high rise apartments ( 17.83%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 11.93%). Towns with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact towns that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.

The most prevalent building size and type in Upper Darby are three and four bedroom dwellings, chiefly found in row houses and other attached homes. The town has a mixture of owners and renters, with 49.68% owning and 50.32% 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. Upper Darby's housing was primarily built during this period, from the '40s through the '60s. A full 54.15% of the town's housing hails from this era. Other housing ages represented in Upper Darby include homes built before 1939 ( 37.27%) and housing constructed between 1970-1999 ( 8.08%).

Vacant housing appears to be an issue in Upper Darby. Fully 15.03% of the housing stock is classified as vacant. Left unchecked, vacant Upper Darby homes and apartments can be a drag on the real estate market, holding Upper Darby real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Upper Darby Home Appreciation Rates

Homes have actually lost value in Upper Darby over the last then years, as home values have seen a decline of 29.98% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Upper Darby home appreciation rates at 0.08%, which equates to an annual appreciation rate of 0.32%.

Over the last year, Upper Darby appreciation rates have trailed the rest of the nation. In the last twelve months, Upper Darby's appreciation rate has been 0.80%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Upper Darby were at 0.08%, which equates to an annual appreciation rate of 0.32%.

Relative to Pennsylvania, our data show that Upper Darby's latest annual appreciation rate is lower than 70% 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 town. Individual neighborhoods within Upper Darby differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Upper Darby - 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 Upper Darby real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$100,367

Upper Darby, PA HOME PRICES

Value Range
> $970,000 0.0
$728,001 - $970,000 0.2
$485,001 - $728,000 0.0
$389,001 - $485,000 0.0
$291,001 - $389,000 1.5
$194,001 - $291,000 7.6
$97,001 - $194,000 48.4
$49,001 - $97,000 35.5
$0 - $49,000 6.8

Low for PA
Low for Nation

Value Relative to Nation Value Relative to State
77.3467713582562 76.231884057971

Number Of Homes And Apartments:
1,646

Upper Darby 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
26.42% 1.37% 2 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,161 / per month

Homeownership Rate

Homeownership
Owners 49.68
Renters 50.32
Vacant 15.03

Housing Market Details

 

Age of Homes

AGE OF Upper Darby HOMES
2000 or Newer 0.5
1970 - 1999 8.1
1940 - 1969 54.2
1939 or Older 37.3

Types of Homes

TYPE OF Upper Darby HOMES
Single-Family 18.6
Townhomes 51.5
Small Apt. Buildings 11.9
Apt. Complexes 17.8
Mobile Homes 0.1
Other 0.0

Home Size

SIZE OF Upper Darby HOMES
No Bedroom 3.20
1 Bedroom 19.14
2 Bedrooms 18.88
3 Bedrooms 45.74
4 Bedrooms 9.10
5 or more bedrooms 3.94