Welcome to our 19406 real estate data hub, tailored for investors in King of Prussia, PA. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 19406 in King of Prussia, PA. Discover Section 8 housing opportunities and challenges to maximize your investment potential in MONTGOMERY COUNTY.
Leverage our comprehensive, zip code-specific data to excel in King of Prussia, PA real estate investing. Uncover the wealth of information available, and position yourself for success in the King of Prussia property market.
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Location Overview
- Zip Code: 19406
- City: King of Prussia
- State: PA
- Metro Area: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
- County Name: MONTGOMERY COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $433,755
- Average Home Price (Single Family Homes): $447,002
- Average Monthly Rental Price (All Types): $2,065
- Price-to-Rent Ratio: 18
- Zillow Projected % appreciation from 4/2023-4/2024: 1.7%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,930
- Average 3 Bedroom Section 8 Rental Rates: $2,350
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 18.73
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 15.38
- Number of Units Offered in Section 8 in the County: 2415
- Number of Occupied Units in Section 8 in the County: 2239
- Percentage of Section 8 Units Occupied in the County: 92.69999695%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 182.82
- Total % Appreciation since 2000 (Government Data): 149.62
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 1.05%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 5.99%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 28.77%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 38.7%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 68.34%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 50.12%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 118.56%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 2.87%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 2.16%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 18.07%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 25.74%