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 7,452, 2,934 total housing units (homes and apartments), and a median house value of $561,768, Plymouth Meeting house prices are not only among the most expensive in Pennsylvania, Plymouth Meeting 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 Plymouth Meeting, accounting for 46.22% of the town's housing units. Other types of housing that are prevalent in Plymouth Meeting include large apartment complexes or high rise apartments ( 40.29%), row houses and other attached homes ( 9.85%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.69%).
The most prevalent building size and type in Plymouth Meeting are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 64.84% owning and 35.16% renting.
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. Plymouth Meeting's housing was primarily built during this period, from the '40s through the '60s. A full 37.50% of the town's housing hails from this era. Other housing ages represented in Plymouth Meeting include homes built between 1970-1999 ( 34.94%) and housing constructed between 2000 and later ( 22.01%). There's also some housing in Plymouth Meeting built before 1939 ( 5.54%).
Plymouth Meeting's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Plymouth Meeting during the period has been just 5.60%, which is lower than 70% of US communities.
NeighborhoodScout's data show that during the latest twelve months, Plymouth Meeting's appreciation rate, at 6.86%, has been at or slightly above the national average. In the latest quarter, Plymouth Meeting's appreciation rate has been 1.44%, which annualizes to a rate of 5.90%.
Relative to Pennsylvania, our data show that Plymouth Meeting's latest annual appreciation rate is higher than 50% 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 Plymouth Meeting differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Plymouth Meeting - 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 Plymouth Meeting real estate investment or home purchase decisions.
$561,768
for Pennsylvania
for nation
2,934
$2,742 / per month