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 4,899 people, 963 houses or apartments, and a median cost of homes of $384,976, Telford real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Telford, accounting for 49.12% of the borough's housing units. Other types of housing that are prevalent in Telford include large apartment complexes or high rise apartments ( 39.15%), row houses and other attached homes ( 7.17%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.57%).
People in Telford primarily live in small (one, two or no bedroom) single-family detached homes. Telford has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in Telford built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Telford built between 1940-1969 ( 23.26%). A lesser amount of the housing stock also hails from before 1939 ( 11.94%). There's also some housing in Telford built between 2000 and later ( 4.26%).
Telford's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Telford during the period has been just 5.67%, which is lower than 70% of US communities.
Appreciation rates are so strong in Telford that despite a nationwide downturn in the housing market, Telford real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Telford appreciation rates continue to be some of the highest in America, at 8.35%, which is higher than appreciation rates in 73.78% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Telford. Telford 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 Telford'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 Telford differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Telford - 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 Telford real estate investment or home purchase decisions.
$384,976
for Pennsylvania
for nation
963
$2,229 / per month