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 Q4 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2016 (latest available). Updated annually.

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

Wynnewood Housing Market Information

With 14,498 people, 2,096 houses or apartments, and a median cost of homes of $671,185, 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 61.01% of the town's housing units. Other types of housing that are prevalent in Wynnewood include large apartment complexes or high rise apartments ( 28.26%), row houses and other attached homes ( 7.37%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.37%).

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 74.06% of Wynnewood's homes, and 52.42% 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 59.68% of the town's housing hails from this era. Other housing ages represented in Wynnewood include homes built before 1939 ( 25.54%) and housing constructed between 1970-1999 ( 12.18%). There's also some housing in Wynnewood built between 2000 and later ( 2.60%).

Wynnewood Home Appreciation Rates

Real estate appreciation rates in Wynnewood's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 0.40% during the period.

Over the last year, Wynnewood appreciation rates have trailed the rest of the nation. In the last twelve months, Wynnewood's appreciation rate has been 1.82%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Wynnewood were at 0.15%, which equates to an annual appreciation rate of 0.59%.

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

Average Home Values

 

Median Home Value:
$671,185

Wynnewood, PA HOME PRICES

Value Range
> $1,085,000 8.8
$814,001 - $1,085,000 13.4
$542,001 - $814,000 31.1
$434,001 - $542,000 14.5
$326,001 - $434,000 14.1
$217,001 - $326,000 7.2
$108,001 - $217,000 8.7
$54,001 - $108,000 1.0
$0 - $54,000 1.3

Very High for PA
Very High for Nation

Value Relative to Nation Value Relative to State
3.29567406193292 0.386473429951691

Number Of Homes And Apartments:
2,096

Wynnewood Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
PA*
Compared To
America*
Latest Quarter:
2017 Q3 - 2017 Q4
Last 12 Months:
2016 Q4 - 2017 Q4
Last 2 Years:
2015 Q4 - 2017 Q4
Last 5 Years:
2012 Q4 - 2017 Q4
Last 10 Years:
2007 Q4 - 2017 Q4
Since 2000:
2000 Q1 - 2017 Q4
71.37% 3.04%
9
8
* 10 is highest


Rent & Ownership

 

Average Market Rent:
$1,946 / per month

Homeownership Rate

Homeownership
Owners 74.06
Renters 25.94
Vacant 2.50

Housing Market Details

 

Age of Homes

AGE OF Wynnewood HOMES
2000 or Newer 2.6
1970 - 1999 12.2
1940 - 1969 59.7
1939 or Older 25.5

Types of Homes

TYPE OF Wynnewood HOMES
Single-Family 61.0
Townhomes 7.4
Small Apt. Buildings 3.4
Apt. Complexes 28.3
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Wynnewood HOMES
No Bedroom 0.00
1 Bedroom 14.46
2 Bedrooms 16.82
3 Bedrooms 27.29
4 Bedrooms 25.13
5 or more bedrooms 16.29