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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.



Sewickley, 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

Sewickley, PA Housing Market Trends

With 3,814 people, 1,663 houses or apartments, and a median cost of homes of $587,512, Sewickley house prices are not only among the most expensive in Pennsylvania, Sewickley 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 Sewickley, accounting for 60.19% of the borough's housing units. Other types of housing that are prevalent in Sewickley include large apartment complexes or high rise apartments ( 24.90%), duplexes, homes converted to apartments or other small apartment buildings ( 11.19%), and a few row houses and other attached homes ( 3.73%).

Dwellings in Sewickley tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 45.38% of the homes in Sewickley have two or fewer bedrooms.

The housing in Sewickley was primarily built before 1939 ( 53.62%), making the housing stock in Sewickley some of the oldest overall in America, although there is a range of ages of homes in Sewickley. The next most important housing age is between 1940-1969 ( 30.93%), followed by between 1970-1999 ( 13.55%). There's also some housing in Sewickley built between 2000 and later ( 1.89%).

Vacant housing appears to be an issue in Sewickley. Fully 12.66% of the housing stock is classified as vacant. Left unchecked, vacant Sewickley homes and apartments can be a drag on the real estate market, holding Sewickley real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Sewickley Home Appreciation Rates

Real estate appreciation rates in Sewickley's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.77% during the period.

Over the last year, Sewickley appreciation rates have trailed the rest of the nation. In the last twelve months, Sewickley's appreciation rate has been 5.02%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Sewickley were at 1.11%, which equates to an annual appreciation rate of 4.51%.

Relative to Pennsylvania, our data show that Sewickley's latest annual appreciation rate is lower than 70% of the other cities and towns in Pennsylvania.

Average Home Values

Median Home Value

$587,512

Sewickley, PA Home Prices
> $1,326,000
$995,001 - $1,326,000
$663,001 - $995,000
$531,001 - $663,000
$397,001 - $531,000
$265,001 - $397,000
$132,001 - $265,000
$66,001 - $132,000
$0 - $66,000
13.3%
13.3%
10.3%
10.3%
20.4%
20.4%
11.2%
11.2%
14.5%
14.5%
15.3%
15.3%
13.2%
13.2%
0.8%
0.8%
1.1%
1.1%
0% 100.0%
% of Homes
Very High

for Pennsylvania

Very High

for nation

Number of Homes And Apartments:

1,663

Sewickley Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,485 / per month

Homeownership Rate

Owners
Renters
65.1%
65.1%
34.9%
34.9%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
12.7%
12.7%
87.3%
87.3%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
1.9%
1.9%
13.6%
13.6%
30.9%
30.9%
53.6%
53.6%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
60.2%
60.2%
3.7%
3.7%
11.2%
11.2%
24.9%
24.9%
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%
15.3%
15.3%
30.0%
30.0%
26.9%
26.9%
10.7%
10.7%
17.0%
17.0%
0% 100.0%
% of Homes