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 4,324 people, 2,003 houses or apartments, and a median cost of homes of $271,296, Boyertown real estate and house prices are near the national average for all cities and towns.
Large apartment complexes or high rise apartments are the single most common housing type in Boyertown, accounting for 29.90% of the borough's housing units. Other types of housing that are prevalent in Boyertown include row houses and other attached homes ( 27.35%), single-family detached homes ( 21.63%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 20.26%). 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 Boyertown primarily live in small (one, two or no bedroom) units, chiefly found in large apartment complexes or high rise apartments. Boyertown has a mixture of owner-occupied and renter-occupied housing.
The housing in Boyertown was primarily built before 1939 ( 46.81%), making the housing stock in Boyertown some of the oldest overall in America, although there is a range of ages of homes in Boyertown. The next most important housing age is between 1940-1969 ( 24.09%), followed by between 1970-1999 ( 23.33%). There's also some housing in Boyertown built between 2000 and later ( 5.76%).
Real estate appreciation rates in Boyertown's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.10% during the period.
Over the last year, Boyertown appreciation rates have trailed the rest of the nation. In the last twelve months, Boyertown's appreciation rate has been 2.99%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Boyertown were at 3.62%, which equates to an annual appreciation rate of 15.30%.
Importantly, this makes Boyertown 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 Boyertown's latest annual appreciation rate is lower than 80% of the other cities and towns in Pennsylvania.
$271,296
for Pennsylvania
for nation
2,003
$1,817 / per month