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 4,515 people, 1,813 houses or apartments, and a median cost of homes of $412,329, Sellersville 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 Sellersville, accounting for 35.86% of the borough's housing units. Other types of housing that are prevalent in Sellersville include single-family detached homes ( 35.54%), large apartment complexes or high rise apartments ( 16.03%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 12.57%). 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.
The most prevalent building size and type in Sellersville are three and four bedroom dwellings, chiefly found in row houses and other attached homes. The borough has a mixture of owners and renters, with 60.27% owning and 39.73% renting.
There is a lot of housing in Sellersville 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 Sellersville built before 1939 ( 31.20%). A lesser amount of the housing stock also hails from between 1940-1969 ( 19.07%). There's also some housing in Sellersville built between 2000 and later ( 8.67%).
Sellersville's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Sellersville during the period has been just 5.85%, which is lower than 70% of US communities.
Appreciation rates are so strong in Sellersville that despite a nationwide downturn in the housing market, Sellersville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Sellersville appreciation rates continue to be some of the highest in America, at 5.94%, which is higher than appreciation rates in 80.57% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Sellersville. Sellersville appreciation rates in the latest quarter were at 2.03%, which equates to an annual appreciation rate of 8.36%.
Relative to Pennsylvania, our data show that Sellersville's latest annual appreciation rate is higher than 60% of the other cities and towns in Pennsylvania.
$412,329
for Pennsylvania
for nation
1,813
$2,256 / per month