Wyncote PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Wyncote, 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 Q2 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Wyncote Housing Market Information

With 3,063 people, 1,135 houses or apartments, and a median cost of homes of $374,085, Wyncote house prices are not only among the most expensive in Pennsylvania, Wyncote 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 Wyncote, accounting for 51.89% of the town's housing units. Other types of housing that are prevalent in Wyncote include large apartment complexes or high rise apartments ( 35.77%), row houses and other attached homes ( 11.76%).

Not only is Wyncote's real estate primarily composed of large, four, five or more bedroom residences ( 44.74%), but it has a blend of both renters and owners ( 42.58% renters; 57.42% owner occupied).

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. Wyncote's housing was primarily built during this period, from the '40s through the '60s. A full 52.47% of the town's housing hails from this era. Other housing ages represented in Wyncote include homes built before 1939 ( 38.90%) and housing constructed between 1970-1999 ( 6.50%). There's also some housing in Wyncote built between 2000 and later ( 2.14%).

Wyncote Home Appreciation Rates

Some of the lowest real estate appreciation rates in America over the last ten years have been in Wyncote, where house values have increased just 6.07%, which is annualized rate of 0.59%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.

Over the last year, Wyncote appreciation rates have trailed the rest of the nation. In the last twelve months, Wyncote's appreciation rate has been 1.83%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Wyncote were at 0.72%, which equates to an annual appreciation rate of 2.89%.

Relative to Pennsylvania, our data show that Wyncote's latest annual appreciation rate is lower than 80% of the other cities and towns in Pennsylvania.

Average Home Values

 

Median Home Value:
$374,085

Wyncote, PA HOME PRICES

Value Range
> $1,106,000 0.0
$829,001 - $1,106,000 2.7
$553,001 - $829,000 7.1
$442,001 - $553,000 13.1
$332,001 - $442,000 36.4
$221,001 - $332,000 25.7
$110,001 - $221,000 14.7
$56,001 - $110,000 0.0
$0 - $56,000 0.3

Very High for PA
Very High for Nation

Value Relative to Nation Value Relative to State
14.1547445255474 5.40540540540541

Number Of Homes And Apartments:
1,135

Wyncote Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
PA*
Compared To
America*
Latest Quarter:
2020 Q1 - 2020 Q2
Last 12 Months:
2019 Q2 - 2020 Q2
Last 2 Years:
2018 Q2 - 2020 Q2
Last 5 Years:
2015 Q2 - 2020 Q2
Last 10 Years:
2010 Q2 - 2020 Q2
Since 2000:
2000 Q1 - 2020 Q2
63.76% 2.44%
5
5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,143 / per month

Homeownership Rate

Homeownership
Owners 57.42
Renters 42.58
Vacant 6.66

Housing Market Details

 

Age of Homes

AGE OF Wyncote HOMES
2000 or Newer 2.1
1970 - 1999 6.5
1940 - 1969 52.5
1939 or Older 38.9

Types of Homes

TYPE OF Wyncote HOMES
Single-Family 51.9
Townhomes 11.8
Small Apt. Buildings 0.6
Apt. Complexes 35.8
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Wyncote HOMES
No Bedroom 5.26
1 Bedroom 11.18
2 Bedrooms 21.55
3 Bedrooms 17.27
4 Bedrooms 20.15
5 or more bedrooms 24.59