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 9,255 people, 4,333 houses or apartments, and a median cost of homes of $521,967, Conshohocken real estate is some of the most expensive in Pennsylvania, although Conshohocken home values aren't among America's most expensive.
Row houses and other attached homes are the single most common housing type in Conshohocken, accounting for 40.74% of the borough's housing units. Other types of housing that are prevalent in Conshohocken include large apartment complexes or high rise apartments ( 30.71%), single-family detached homes ( 14.99%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 13.55%). Boroughs with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact boroughs that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.
People in Conshohocken primarily live in small (one, two or no bedroom) row houses and other attached homes. Conshohocken has a mixture of owner-occupied and renter-occupied housing.
The housing in Conshohocken was primarily built before 1939 ( 37.57%), making the housing stock in Conshohocken some of the oldest overall in America, although there is a range of ages of homes in Conshohocken. The next most important housing age is between 2000 and later ( 32.86%), followed by between 1940-1969 ( 18.35%). There's also some housing in Conshohocken built between 1970-1999 ( 11.22%).
Conshohocken's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Conshohocken during the period has been just 5.58%, which is lower than 70% of US communities.
NeighborhoodScout's data show that during the latest twelve months, Conshohocken's appreciation rate, at 6.07%, has been at or slightly above the national average. In the latest quarter, Conshohocken's appreciation rate has been 1.44%, which annualizes to a rate of 5.90%.
Relative to Pennsylvania, our data show that Conshohocken's latest annual appreciation rate is lower than 60% of the other cities and towns in Pennsylvania.
One very important thing to keep in mind is that these are average appreciation rates for the borough. Individual neighborhoods within Conshohocken differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Conshohocken - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Conshohocken real estate investment or home purchase decisions.
$521,967
for Pennsylvania
for nation
4,333
$3,112 / per month