Warminster, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Warminster Neighborhoods Since 2000




Warminster, 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

Warminster Housing Market Information

With 36,981 people, 1,912 houses or apartments, and a median cost of homes of $318,562, Warminster house prices are not only among the most expensive in Pennsylvania, Warminster 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 Warminster, accounting for 64.07% of the town's housing units. Other types of housing that are prevalent in Warminster include row houses and other attached homes ( 19.73%), large apartment complexes or high rise apartments ( 13.61%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.51%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Warminster. Owner-occupied housing accounts for 78.66% of Warminster's homes, and 66.68% have either three or four bedrooms, which is average sized relative to America.

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. Warminster's housing was primarily built during this period, from the '40s through the '60s. A full 46.28% of the town's housing hails from this era. Other housing ages represented in Warminster include homes built between 1970-1999 ( 37.47%) and housing constructed between 2000 and later ( 11.92%). There's also some housing in Warminster built before 1939 ( 4.33%).

Warminster Home Appreciation Rates

Warminster's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Warminster during the period has been just -0.92%, which is lower than 70% of US communities.

Over the last year, Warminster appreciation rates have trailed the rest of the nation. In the last twelve months, Warminster's appreciation rate has been 2.63%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Warminster were at 0.08%, which equates to an annual appreciation rate of 0.32%.

Relative to Pennsylvania, our data show that Warminster's latest annual appreciation rate is higher than 50% 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 Warminster differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Warminster - 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 Warminster real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$318,562

Warminster, PA HOME PRICES

Value Range
> $1,072,000 0.5
$804,001 - $1,072,000 2.4
$536,001 - $804,000 5.5
$429,001 - $536,000 7.0
$322,001 - $429,000 30.6
$215,001 - $322,000 43.1
$107,001 - $215,000 7.4
$54,001 - $107,000 1.2
$0 - $54,000 2.3

Very High for PA
Very High for Nation

Value Relative to Nation Value Relative to State
14.6665885386148 6.18357487922705

Number Of Homes And Apartments:
1,912

Warminster 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
56.43% 2.63% 8 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,658 / per month

Homeownership Rate

Homeownership
Owners 78.66
Renters 21.34
Vacant 2.30

Housing Market Details

 

Age of Homes

AGE OF Warminster HOMES
2000 or Newer 11.9
1970 - 1999 37.5
1940 - 1969 46.3
1939 or Older 4.3

Types of Homes

TYPE OF Warminster HOMES
Single-Family 64.1
Townhomes 19.7
Small Apt. Buildings 2.5
Apt. Complexes 13.6
Mobile Homes 0.1
Other 0.0

Home Size

SIZE OF Warminster HOMES
No Bedroom 1.08
1 Bedroom 7.56
2 Bedrooms 19.78
3 Bedrooms 41.99
4 Bedrooms 24.69
5 or more bedrooms 4.91