What is the median home value in Elverson, PA?

The median value of owner-occupied homes in Elverson, PA is $369,900 (±$12,337), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Elverson, the median home value went from $277,500 in 2015–2019 to $369,900 in 2020–2024 (+33.3%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median home value
$369,900 (±$12,337)
Owner-occupied homes
470 (±51)
Most common range
$300,000 to $499,999

Home values in Elverson

Owner-occupied homes by value, 2020–2024
ValueElversonChester CountyPennsylvaniaUnited States
Less than $50,0000.4% (±1.0 points)2.5%5.5%5.3%
$50,000 to $99,9990.0% (±6.7 points)1.8%8.4%6.1%
$100,000 to $149,9990.0% (±6.7 points)1.1%9.6%6.8%
$150,000 to $199,9991.9% (±1.8 points)2.5%12.8%9.0%
$200,000 to $299,99918.5% (±6.3 points)10.1%22.9%17.8%
$300,000 to $499,99964.7% (±7.7 points)34.7%25.9%26.9%
$500,000 to $999,99913.8% (±4.6 points)40.7%12.8%20.9%
$1,000,000 or more0.6% (±0.9 points)6.6%2.1%7.1%

The most common range is $300,000 to $499,999, 64.7% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Elverson against Chester County, its state and the nation

Estimate (90% margin of error)
ElversonChester CountyPennsylvaniaUnited States
Median home value$369,900 (±$12,337)$485,600 (±$4,003)$254,500 (±$767)$332,700
Owner-occupied homes470 (±51)153,693 (±1,492)3,656,971 (±15,249)84,210,142

In Elverson, the median home value is lower than in Chester County ($485,600).

It is also higher than in Pennsylvania ($254,500).

It is higher than the national figure ($332,700).

In Chester County, Elverson ranks 52 of 73 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 222 of 2,541.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Elverson have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$277,500 (±$10,114)$369,900 (±$12,337)+33.3%Up after inflation
Median owner cost with a mortgage$1,746 (±$93)$1,940 (±$96)+11.1%Down after inflation
Median real estate taxes$4,747 (±$156)$5,313 (±$392)+11.9%Down after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Elverson

Nearest places with a published estimate, compared with Elverson
PlaceDistanceMedian home valueCompared with this place
Elverson—$369,900 (±$12,337)—
West Nantmeal Township2.3 mi$438,200 (±$18,480)Higher
Caernarvon Township (Berks County)2.9 mi$338,400 (±$32,452)Not measurably different
Morgantown3.0 mi$268,000 (±$36,979)Lower
Warwick Township (Chester County)4.2 mi$414,500 (±$42,922)Not measurably different
East Nantmeal Township4.6 mi$689,900 (±$55,871)Higher
Honey Brook Township5.3 mi$358,100 (±$34,062)Not measurably different
Union Township (Berks County)5.6 mi$346,100 (±$42,939)Not measurably different
Wallace Township5.7 mi$592,900 (±$37,947)Higher

Nearby places with a measurably lower figure: Morgantown, PA ($268,000).

Nearby places with a measurably higher figure: West Nantmeal Township, PA ($438,200), East Nantmeal Township, PA ($689,900), Wallace Township, PA ($592,900).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Chester County, place by place

RankPlaceMedian home value
46Kennett Square$402,700 (±$36,145)
47East Fallowfield Township (Chester County)$400,100 (±$31,992)
48North Coventry Township$390,600 (±$24,689)
49West Brandywine Township$379,100 (±$17,630)
50Upper Oxford Township$375,100 (±$45,106)
51Lower Oxford Township$372,800 (±$38,806)
52Elverson$369,900 (±$12,337)
53Phoenixville$369,600 (±$12,468)
54Honey Brook Township$358,100 (±$34,062)
55Sadsbury Township (Chester County)$355,200 (±$27,874)
56Downingtown$353,800 (±$18,133)
57Highland Township (Chester County)$350,000 (±$100,885)
58West Caln Township$347,700 (±$28,222)

Showing 13 of 73 places in Chester County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Elverson

What is the average home value in Elverson, PA?

The Census Bureau publishes the median: $369,900 (±$12,337) for owner-occupied homes in Elverson (2020–2024 American Community Survey).

Have home values in Elverson gone up?

In Elverson, the median home value went from $277,500 in 2015–2019 to $369,900 in 2020–2024 (+33.3%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in Elverson sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Elverson borough, Pennsylvania (place:23440, in state:42).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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