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 7,168, 2,795 total housing units (homes and apartments), and a median house value of $266,322, Glenolden real estate and house prices are near the national average for all cities and towns.
Row houses and other attached homes are the single most common housing type in Glenolden, accounting for 37.81% of the borough's housing units. Other types of housing that are prevalent in Glenolden include single-family detached homes ( 34.54%), large apartment complexes or high rise apartments ( 17.90%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 9.22%). Boroughs that are predominantly high-density buildings are relatively uncommon in the US. Because of the density, these types of boroughs are often walkable and compact, and often have a lively downtown.
Owner-occupied, three and four bedroom dwellings, primarily in row houses and other attached homes are the most prevalent type of housing you will see in Glenolden. Owner-occupied housing accounts for 78.71% of Glenolden's homes, and 58.58% have either three or four bedrooms, which is average sized relative to America.
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. Glenolden's housing was primarily built during this period, from the '40s through the '60s. A full 52.17% of the borough's housing hails from this era. Other housing ages represented in Glenolden include homes built before 1939 ( 28.46%) and housing constructed between 1970-1999 ( 16.47%). There's also some housing in Glenolden built between 2000 and later ( 2.91%).
Real estate appreciation rates in Glenolden's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.40% during the period.
NeighborhoodScout's data show that during the latest twelve months, Glenolden's appreciation rate, at 7.71%, has been at or slightly above the national average. In the latest quarter, Glenolden's appreciation rate has been 1.44%, which annualizes to a rate of 5.90%.
Relative to Pennsylvania, our data show that Glenolden's latest annual appreciation rate is higher than 60% of the other cities and towns in Pennsylvania.
$266,322
for Pennsylvania
for nation
2,795
$1,975 / per month