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Posted on: May 12, 2022

Marple Township Makes top 10 PA list of Healthiest Housing Market

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Marple Township made top 10 list in Pennsylvania organized by SmartAsset, of the healthiest housing markets in 2021.  SmartAsset analyzed several factors for its annual study including how long residents stayed in the same home, which homes create negative equity, which homes decreased in value, how long houses stayed on the market and how affordable homes were to potential buyers.

The best combination of those factors ranked a community higher on the top list. Broomall came in 7th.  For Broomall, the average number of years owners stayed in their homes was 17.2.  The number of homes with negative equity was only at 4.2%.  The community saw 13.6% of its homes decrease in value.  Houses put up for sale in Broomall stayed on the market for an average of 75.2 days.  For potential buyers, home costs in Broomall were an amount equivalent to 21.1% of income.

Overall, Broomall’s healthiest housing market index was 80.90.

 Rank      City, State           Average Years Living in Home     Avg. Homes with Negative Equity              Homes Decreasing in Value    Avg. Days on Market                     Home Costs as % of Income                    Healthiest Markets Index

1              New Cumberland, PA     13.2        6.9%      11.2%    63.5        17.6%    97.54

2              Hershey, PA       11.7        6.8%      11.2%    63.5        16.9%    97.17

3              Progress, PA       11.2        8.8%      11.2%    63.5        18.6%    88.91

4              Carlisle, PA          10.3        7.1%      11.2%    63.5        20.1%    83.74

5              Plum, PA              16.4        4.8%      15.0%    82.9        17.2%    83.53

6              Murrysville, PA  15.5        5.4%      15.0%    82.9        17.1%    81.98

7              Broomall, PA     17.2        4.2%      13.6%    75.2        21.1%    80.90

8              Harleysville, PA 11.9        5.8%      13.6%    75.2        18.0%    80.31

9              Steelton, PA       12.3        12.4%    11.2%    63.5        21.2%    79.43

10           Perkasie, PA       14.0        4.9%      13.6%    75.2        20.5%    76.45

              


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