Lower Gwynedd, PA is an affluent suburban area located in Montgomery County. The median home value in Lower Gwynedd is significantly higher than the US house median value, at $652,900 compared to $338,100. Home values have steadily been increasing in the area over the past year with appreciation rates of 11.36% as compared to 8.27% nationally. Lower Gwynedd continues to be a desirable place to live due to its affordable housing prices and excellent quality of life.
The median home cost in Lower Gwynedd is $652,900. Home appreciation the last 10 years has been 64.8%. Home Appreciation in Lower Gwynedd is up 13.1%.
Average Age of Homes
- The median age of Lower Gwynedd real estate is 40 years old
The Rental Market in Lower Gwynedd
- Renters make up 28.8% of the Lower Gwynedd population
- 3.2% of houses and apartments in Lower Gwynedd, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.