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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Garnet Valley, PA Real Estate Market

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Garnet Valley, PA Housing Market Trends

With a population of 9,597, 3,075 total housing units (homes and apartments), and a median house value of $602,215, Garnet Valley house prices are not only among the most expensive in Pennsylvania, Garnet Valley real estate also is some of the most expensive in all of America.

Garnet Valley is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Garnet Valley than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Garnet Valley. Owner-occupied housing accounts for 96.00% of Garnet Valley's homes, and 82.74% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Garnet Valley 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 Garnet Valley built between 2000 and later ( 30.57%). A lesser amount of the housing stock also hails from between 1940-1969 ( 15.48%). There's also some housing in Garnet Valley built before 1939 ( 5.67%).

Garnet Valley Home Appreciation Rates

Garnet Valley's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Garnet Valley during the period has been just 5.44%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Garnet Valley's appreciation rate, at 7.96%, has been at or slightly above the national average. In the latest quarter, Garnet Valley's appreciation rate has been 1.44%, which annualizes to a rate of 5.90%.

Relative to Pennsylvania, our data show that Garnet Valley's latest annual appreciation rate is higher than 70% of the other cities and towns in Pennsylvania.

Average Home Values

Median Home Value

$602,215

Garnet Valley, PA Home Prices
> $1,324,000
$993,001 - $1,324,000
$662,001 - $993,000
$529,001 - $662,000
$397,001 - $529,000
$265,001 - $397,000
$132,001 - $265,000
$66,001 - $132,000
$0 - $66,000
2.0%
2.0%
5.2%
5.2%
35.1%
35.1%
26.1%
26.1%
18.9%
18.9%
7.3%
7.3%
1.8%
1.8%
2.7%
2.7%
0.9%
0.9%
0% 100.0%
% of Homes
Very High

for Pennsylvania

Very High

for nation

Number of Homes And Apartments:

3,075

Garnet Valley Appreciation Rates

Rent & Ownership

Average Market Rent:

$3,661 / per month

Homeownership Rate

Owners
Renters
96.0%
96.0%
4.0%
4.0%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
5.2%
5.2%
94.8%
94.8%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
30.6%
30.6%
48.3%
48.3%
15.5%
15.5%
5.7%
5.7%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
79.6%
79.6%
15.1%
15.1%
0.8%
0.8%
2.9%
2.9%
1.5%
1.5%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
0.9%
0.9%
10.6%
10.6%
33.6%
33.6%
49.2%
49.2%
5.7%
5.7%
0% 100.0%
% of Homes

Popular Neighborhoods in Garnet Valley

Zip Codes in Garnet Valley, PA