Villanova, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Villanova Neighborhoods Since 2000




Villanova, 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

Villanova Housing Market Information

With 9,254 people, 1,512 houses or apartments, and a median cost of homes of $94,007, house prices in Villanova are solidly below the national average.

Villanova is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Villanova than is found in 98% of the communities in America.

The most prevalent building size and type in Villanova are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 59.93% owning and 40.07% 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. Villanova's housing was primarily built during this period, from the '40s through the '60s. A full 54.40% of the town's housing hails from this era. Other housing ages represented in Villanova include homes built between 1970-1999 ( 26.81%) and housing constructed before 1939 ( 12.44%). There's also some housing in Villanova built between 2000 and later ( 6.34%).

Villanova Home Appreciation Rates

Appreciation rates for homes in Villanova have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 6.19%, which ranks in the top 40% nationwide. This equates to an annual average Villanova house appreciation rate of 0.60%.

NeighborhoodScout's data show that during the latest twelve months, Villanova's appreciation rate, at 3.34%, has been at or slightly above the national average. In the latest quarter, Villanova's appreciation rate has been 1.69%, which annualizes to a rate of 6.94%.

Importantly, this makes Villanova one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

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

Average Home Values

 

Median Home Value:
$94,007

Villanova, PA HOME PRICES

Value Range
> $1,084,000 0.8
$813,001 - $1,084,000 0.0
$542,001 - $813,000 0.4
$433,001 - $542,000 0.5
$325,001 - $433,000 4.0
$217,001 - $325,000 9.0
$108,001 - $217,000 34.1
$54,001 - $108,000 34.8
$0 - $54,000 16.4

Low for PA
Very Low for Nation

Value Relative to Nation Value Relative to State
81.357670221493 79.6135265700483

Number Of Homes And Apartments:
1,512

Villanova 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
27.75% 1.43% 2 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$789 / per month

Homeownership Rate

Homeownership
Owners 59.93
Renters 40.07
Vacant 5.78

Housing Market Details

 

Age of Homes

AGE OF Villanova HOMES
2000 or Newer 6.3
1970 - 1999 26.8
1940 - 1969 54.4
1939 or Older 12.4

Types of Homes

TYPE OF Villanova HOMES
Single-Family 93.0
Townhomes 3.3
Small Apt. Buildings 0.6
Apt. Complexes 3.2
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Villanova HOMES
No Bedroom 0.00
1 Bedroom 2.36
2 Bedrooms 6.83
3 Bedrooms 25.47
4 Bedrooms 40.58
5 or more bedrooms 24.76