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2024 Compare Cities Housing:
Lower Merion, PA vs Narberth, PA

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Highlights
- The median age of a home in Lower Merion is 23.5% older than the median age of a home in Narberth.

Housing
 Lower Merion, PANarberth, PAUnited States
 Median Home Age685242
 Median Home Cost$827,000$661,400$338,100
 Home Appr. Last 12 months12.4%12.4%16.6%
 Home Appr. Last 5 yrs.47.7%47.7%57.0%
 Home Appr. Last 10 yrs.64.0%64.0%101.1%
 Property Tax Rate$14.1$13.6$11.0
 Homes Owned71.3%55.2%57.4%
 Housing Vacant5.2%3.1%11.2%
 Homes Rented23.5%41.7%31.4%
 space
 Avg Rent For Home Or Apartment
 Lower Merion, PANarberth, PAUnited States
 Average Rent$2,390$2,210$1,840
 Studio Apartment$1,460$1,350$1,080
 1 Bedroom Home or Apartment$1,650$1,520$1,180
 2 Bedroom Home or Apartment$1,990$1,840$1,430
 3 Bedroom Home or Apartment$2,420$2,240$1,860
 4 Bedroom Home or Apartment$2,810$2,600$2,160
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 Vacant Housing
 Lower Merion, PANarberth, PAUnited States
 Vacant For Rent0.9%0.0%1.9%
 Vacant Rented0.1%0.0%0.4%
 Vacant For Sale0.3%0.7%0.7%
 Vacant Sold0.8%0.0%0.4%
 Vacant Vacation0.5%0.0%3.6%
 Vacant Other2.7%2.4%4.1%
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 Owner-Occupied Housing Value
 Lower Merion, PANarberth, PAUnited States
 Less Than $20,0000.6%0.0%2.6%
 $20,000 to $39,9990.3%0.0%2.4%
 $40,000 to $59,9990.4%0.0%2.8%
 $60,000 to $79,9990.4%0.0%3.9%
 $80,000 to $99,9990.3%0.7%4.5%
 $100,000 to $149,9992.2%0.0%11.3%
 $150,000 to $199,9993.3%1.5%13.0%
 $200,000 to $299,9997.9%2.9%20.1%
 $300,000 to $399,99911.4%17.2%13.6%
 $400,000 to $499,9998.7%18.6%8.3%
 $500,000 to $749,99924.5%44.9%9.7%
 $750,000 to $999,99918.2%14.2%3.9%
 $1,000,000 to $1,499,99912.7%0.0%2.2%
 $1,500,000 to $1,999,9994.9%0.0%0.8%
 $2,000,000 and over4.1%0.0%1.1%
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 Housing Units By Year Built
 Lower Merion, PANarberth, PAUnited States
 2015 and Newer0.1%0.0%0.2%
 2010 to 20143.8%0.0%13.6%
 2000 to 20093.8%0.0%13.6%
 1990 to 19993.1%2.4%13.6%
 1980 to 19895.6%4.7%13.2%
 1970 to 19798.6%5.2%14.8%
 1960 to 19693.1%2.4%13.6%
 1950 to 195917.6%7.2%10.0%
 1940 to 194910.9%9.8%4.7%
 1939 or Earlier33.4%63.1%12.2%

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