Warrington, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Warrington Neighborhoods Since 2000




Warrington, 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

Warrington Housing Market Information

With 17,241 people, 2,074 houses or apartments, and a median cost of homes of $396,130, Warrington house prices are not only among the most expensive in Pennsylvania, Warrington 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 Warrington, accounting for 56.39% of the town's housing units. Other types of housing that are prevalent in Warrington include row houses and other attached homes ( 22.24%), large apartment complexes or high rise apartments ( 15.31%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.97%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Warrington. Owner-occupied housing accounts for 76.70% of Warrington's homes, and 63.90% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Warrington built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Warrington built between 2000 and later ( 28.39%). A lesser amount of the housing stock also hails from between 1940-1969 ( 17.43%). There's also some housing in Warrington built before 1939 ( 4.26%).

Warrington Home Appreciation Rates

Real estate appreciation rates in Warrington's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.38% during the period.

NeighborhoodScout's data show that during the latest twelve months, Warrington's appreciation rate, at 4.05%, has been at or slightly above the national average. In the latest quarter, Warrington's appreciation rate has been 0.08%, which annualizes to a rate of 0.32%.

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

Average Home Values

 

Median Home Value:
$396,130

Warrington, PA HOME PRICES

Value Range
> $1,073,000 0.5
$804,001 - $1,073,000 0.8
$536,001 - $804,000 9.2
$429,001 - $536,000 22.8
$322,001 - $429,000 37.0
$215,001 - $322,000 19.9
$107,001 - $215,000 4.6
$54,001 - $107,000 2.0
$0 - $54,000 3.2

Very High for PA
Very High for Nation

Value Relative to Nation Value Relative to State
9.64490800421891 2.89855072463768

Number Of Homes And Apartments:
2,074

Warrington 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
66.19% 2.99% 9 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,922 / per month

Homeownership Rate

Homeownership
Owners 76.70
Renters 23.30
Vacant 2.69

Housing Market Details

 

Age of Homes

AGE OF Warrington HOMES
2000 or Newer 28.4
1970 - 1999 49.9
1940 - 1969 17.4
1939 or Older 4.3

Types of Homes

TYPE OF Warrington HOMES
Single-Family 56.4
Townhomes 22.2
Small Apt. Buildings 6.0
Apt. Complexes 15.3
Mobile Homes 0.1
Other 0.0

Home Size

SIZE OF Warrington HOMES
No Bedroom 0.00
1 Bedroom 3.99
2 Bedrooms 29.33
3 Bedrooms 30.30
4 Bedrooms 33.60
5 or more bedrooms 2.79