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 4,920 people, 2,111 houses or apartments, and a median cost of homes of $380,961, Royersford real estate prices are well above average cost compared to national prices.
Row houses and other attached homes are the single most common housing type in Royersford, accounting for 34.65% of the borough's housing units. Other types of housing that are prevalent in Royersford include large apartment complexes or high rise apartments ( 33.58%), single-family detached homes ( 18.94%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 10.00%). 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 Royersford primarily live in small (one, two or no bedroom) row houses and other attached homes. Royersford has a mixture of owner-occupied and renter-occupied housing.
The housing in Royersford was primarily built before 1939 ( 35.97%), making the housing stock in Royersford some of the oldest overall in America, although there is a range of ages of homes in Royersford. The next most important housing age is between 1940-1969 ( 30.93%), followed by between 1970-1999 ( 19.73%). There's also some housing in Royersford built between 2000 and later ( 13.36%).
Appreciation rates for homes in Royersford have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 91.82%, which ranks in the top 50% nationwide. This equates to an annual average Royersford house appreciation rate of 6.73%.
Appreciation rates are so strong in Royersford that despite a nationwide downturn in the housing market, Royersford real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Royersford appreciation rates continue to be some of the highest in America, at 8.69%, which is higher than appreciation rates in 77.89% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Royersford. Royersford 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 Royersford'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 borough. Individual neighborhoods within Royersford differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Royersford - 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 Royersford real estate investment or home purchase decisions.
$380,961
for Pennsylvania
for nation
2,111
$2,395 / per month