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 a population of 17,229, 6,590 total housing units (homes and apartments), and a median house value of $684,279, Glen Mills house prices are not only among the most expensive in Pennsylvania, Glen Mills 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 Glen Mills, accounting for 64.47% of the town's housing units. Other types of housing that are prevalent in Glen Mills include large apartment complexes or high rise apartments ( 22.59%), row houses and other attached homes ( 10.46%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.48%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Glen Mills. Owner-occupied housing accounts for 69.03% of Glen Mills's homes, and 62.56% have either three or four bedrooms, which is average sized relative to America.
Glen Mills homes and real estate are some of the newest in America. 45.56% of Glen Mills's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Glen Mills real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 32.86%), and between 1940-1969 ( 15.95%). There's also some housing in Glen Mills built before 1939 ( 5.63%).
Real estate appreciation rates in Glen Mills's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.77% during the period.
Appreciation rates are so strong in Glen Mills that despite a nationwide downturn in the housing market, Glen Mills real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Glen Mills appreciation rates continue to be some of the highest in America, at 8.45%, which is higher than appreciation rates in 75.10% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Glen Mills. Glen Mills appreciation rates in the latest quarter were at 1.44%, which equates to an annual appreciation rate of 5.90%.
Relative to Pennsylvania, our data show that Glen Mills's latest annual appreciation rate is higher than 70% 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 town. Individual neighborhoods within Glen Mills differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Glen Mills - 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 Glen Mills real estate investment or home purchase decisions.
$684,279
for Pennsylvania
for nation
6,590
$3,306 / per month