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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 4,255 people, 2,062 houses or apartments, and a median cost of homes of $265,114, Boyertown real estate and house prices are near the national average for all cities and towns.
Large apartment complexes or high rise apartments are the single most common housing type in Boyertown, accounting for 31.35% of the borough's housing units. Other types of housing that are prevalent in Boyertown include row houses and other attached homes ( 24.54%), single-family detached homes ( 23.75%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 19.48%). This particular housing mix is relatively uncommon and characteristic of boroughs that are compact and walkable, and which often have a lively downtown.
People in Boyertown primarily live in small (one, two or no bedroom) units, chiefly found in large apartment complexes or high rise apartments. Boyertown has a mixture of owner-occupied and renter-occupied housing.
The housing in Boyertown was primarily built before 1939 ( 44.76%), making the housing stock in Boyertown some of the oldest overall in America, although there is a range of ages of homes in Boyertown. The next most important housing age is between 1970-1999 ( 24.49%), followed by between 1940-1969 ( 23.98%). There's also some housing in Boyertown built between 2000 and later ( 6.77%).
Real estate appreciation rates in Boyertown's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.11% during the period.
Appreciation rates are so strong in Boyertown that despite a nationwide downturn in the housing market, Boyertown real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Boyertown appreciation rates continue to be some of the highest in America, at 8.99%, which is higher than appreciation rates in 80.70% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Boyertown. Boyertown appreciation rates in the latest quarter were at 2.89%, which equates to an annual appreciation rate of 12.07%.
Relative to Pennsylvania, our data show that Boyertown's latest annual appreciation rate is higher than 70% of the other cities and towns in Pennsylvania.
$265,114
for Pennsylvania
for nation
2,062
$2,148 / per month