Wynnewood, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Wynnewood Neighborhoods Since 2000




Wynnewood, 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

Wynnewood Housing Market Information

With a population of 14,470, 2,100 total housing units (homes and apartments), and a median house value of $636,919, Wynnewood house prices are not only among the most expensive in Pennsylvania, Wynnewood 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 Wynnewood, accounting for 60.27% of the town's housing units. Other types of housing that are prevalent in Wynnewood include large apartment complexes or high rise apartments ( 29.53%), row houses and other attached homes ( 7.26%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.94%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Wynnewood. Owner-occupied housing accounts for 74.44% of Wynnewood's homes, and 50.42% 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. Wynnewood's housing was primarily built during this period, from the '40s through the '60s. A full 61.22% of the town's housing hails from this era. Other housing ages represented in Wynnewood include homes built before 1939 ( 25.83%) and housing constructed between 1970-1999 ( 10.95%). There's also some housing in Wynnewood built between 2000 and later ( 1.99%).

Wynnewood Home Appreciation Rates

Appreciation rates for homes in Wynnewood have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 1.81%, which ranks in the top 50% nationwide. This equates to an annual average Wynnewood house appreciation rate of 0.18%.

NeighborhoodScout's data show that during the latest twelve months, Wynnewood's appreciation rate, at 3.83%, has been at or slightly above the national average. In the latest quarter, Wynnewood's appreciation rate has been 0.08%, which annualizes to a rate of 0.32%.

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

Average Home Values

 

Median Home Value:
$636,919

Wynnewood, PA HOME PRICES

Value Range
> $1,094,000 8.7
$821,001 - $1,094,000 13.4
$547,001 - $821,000 28.3
$438,001 - $547,000 14.1
$328,001 - $438,000 16.2
$219,001 - $328,000 8.4
$110,001 - $219,000 8.9
$55,001 - $110,000 1.0
$0 - $55,000 1.0

Very High for PA
Very High for Nation

Value Relative to Nation Value Relative to State
3.37513184108754 0.386473429951691

Number Of Homes And Apartments:
2,100

Wynnewood 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
67.66% 3.04% 10 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,765 / per month

Homeownership Rate

Homeownership
Owners 74.44
Renters 25.56
Vacant 2.94

Housing Market Details

 

Age of Homes

AGE OF Wynnewood HOMES
2000 or Newer 2.0
1970 - 1999 11.0
1940 - 1969 61.2
1939 or Older 25.8

Types of Homes

TYPE OF Wynnewood HOMES
Single-Family 60.3
Townhomes 7.3
Small Apt. Buildings 2.9
Apt. Complexes 29.5
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Wynnewood HOMES
No Bedroom 0.30
1 Bedroom 14.11
2 Bedrooms 18.04
3 Bedrooms 26.71
4 Bedrooms 23.70
5 or more bedrooms 17.13