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 a population of 3,081, 1,194 total housing units (homes and apartments), and a median house value of $458,377, Wyncote real estate is some of the most expensive in Pennsylvania, although Wyncote home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Wyncote, accounting for 55.36% of the town's housing units. Other types of housing that are prevalent in Wyncote include large apartment complexes or high rise apartments ( 28.35%), row houses and other attached homes ( 11.67%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.62%).
Not only is Wyncote's real estate primarily composed of large, four, five or more bedroom residences ( 49.33%), but it has a blend of both renters and owners ( 38.22% renters; 61.78% owner occupied).
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Wyncote's housing was primarily built during this period, from the '40s through the '60s. A full 51.92% of the town's housing hails from this era. Other housing ages represented in Wyncote include homes built before 1939 ( 36.65%) and housing constructed between 1970-1999 ( 8.22%). There's also some housing in Wyncote built between 2000 and later ( 3.21%).
Some of the lowest real estate appreciation rates in America over the last ten years have been in Wyncote, where house values have increased just 48.71%, which is annualized rate of 4.05%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Over the last year, Wyncote appreciation rates have trailed the rest of the nation. In the last twelve months, Wyncote's appreciation rate has been 4.19%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Wyncote were at 1.44%, which equates to an annual appreciation rate of 5.90%.
Relative to Pennsylvania, our data show that Wyncote's latest annual appreciation rate is lower than 70% of the other cities and towns in Pennsylvania.
$458,377
for Pennsylvania
for nation
1,194
$2,747 / per month