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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Quarryville, PA Real Estate Market

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 Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Quarryville, PA Housing Market Trends

With 2,843 people, 1,032 houses or apartments, and a median cost of homes of $408,404, Quarryville real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Quarryville, accounting for 55.78% of the borough's housing units. Other types of housing that are prevalent in Quarryville include row houses and other attached homes ( 22.63%), large apartment complexes or high rise apartments ( 10.98%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 10.61%).

The most prevalent building size and type in Quarryville are three and four bedroom dwellings, chiefly found in single-family detached homes. The borough has a mixture of owners and renters, with 59.69% owning and 40.31% 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. Quarryville's housing was primarily built during this period, from the '40s through the '60s. A full 30.59% of the borough's housing hails from this era. Other housing ages represented in Quarryville include homes built between 1970-1999 ( 24.34%) and housing constructed between 2000 and later ( 23.67%). There's also some housing in Quarryville built before 1939 ( 21.40%).

Quarryville Home Appreciation Rates

Real estate appreciation rates in Quarryville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.96% during the period.

NeighborhoodScout's data show that during the latest twelve months, Quarryville's appreciation rate, at 7.49%, has been at or slightly above the national average. In the latest quarter, Quarryville's appreciation rate has been 3.45%, which annualizes to a rate of 14.52%.

Importantly, this makes Quarryville one of the highest appreciating communities in the nation for the latest quarter, and may signal the borough's near-future real estate investment strength.

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

Average Home Values

Median Home Value

$408,404

Quarryville, PA Home Prices
> $1,410,000
$1,057,001 - $1,410,000
$705,001 - $1,057,000
$564,001 - $705,000
$423,001 - $564,000
$282,001 - $423,000
$141,001 - $282,000
$70,001 - $141,000
$0 - $70,000
0.4%
0.4%
0.4%
0.4%
8.2%
8.2%
12.1%
12.1%
18.0%
18.0%
39.6%
39.6%
17.9%
17.9%
2.1%
2.1%
1.5%
1.5%
0% 100.0%
% of Homes
Very High

for Pennsylvania

High

for nation

Number of Homes And Apartments:

1,032

Quarryville Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,633 / per month

Homeownership Rate

Owners
Renters
59.7%
59.7%
40.3%
40.3%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
2.3%
2.3%
97.7%
97.7%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
23.7%
23.7%
24.3%
24.3%
30.6%
30.6%
21.4%
21.4%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
55.8%
55.8%
22.6%
22.6%
10.6%
10.6%
11.0%
11.0%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
4.1%
4.1%
21.1%
21.1%
56.5%
56.5%
16.5%
16.5%
1.8%
1.8%
0% 100.0%
% of Homes