Bucks County property values soar. These 6 communities saw the largest jumps in hot market
Home prices in Bucks County are soaring and some communities have seen property values more than double in in the last five years, records show.
An analysis from RealtyTrac, Zillow, and the U.S. Census Bureau, which draws annual data from the U.S. Department of Housing and Urban Development, found the hottest real estate ― measured by the percentage change in home value ― was, generally, near country clubs, parks, and major roads accessible to Philadelphia.
Here's a look at the fastest rising property values by U.S. Census tract in Lower Bucks County and Upper Bucks County.
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Where are Bucks County property values going up?
Breadysville may be an unfamiliar corner to most in Bucks County, but folks are willing to spend to live there. It includes a handful of housing developments in Northampton bordered by the Northampton Township Municipal Park, Munroe Community Park, Spring Mill Country Club, and the Warminster Community Park.
Five minutes north of Street Road — a major artery into the suburbs — property values in Breadysville have increased 83% from $405,800 to $740,700 since 2017 for these large, single-family homes on winding streets, according to federal housing data.
New Hope's heart is another place that can't be beat.
For the homes along West Bridge Street near the bridge to Lambertville, the price of housing has jumped 64% from $530,800 to $869,000, according to federal housing records.
Properties in this artists' enclave with all its boutiques, clubs, cuisine, and riverfront views now sell for $338,200 more than compared with 2017 prices, federal data shows.
The Brittany Farms-Highlands neighborhood is another community surrounded by greens and adjacent to major roadways. Just off County Line Road and Route 202 in New Britain Township, residents are in walking distance of the Spring Mill Valley Park with playgrounds, tennis, soccer and volleyball courts.
Since 2017, the average home price has risen 64% from $238,800 to $392,500, according to federal housing data.
That's an increase of $153,700 in five years.
Just north of Street Road in Bensalem, the community of Eddington is perhaps best known for a picturesque, 300-year-old chapel. Popping up around the Eddington Presbyterian Church circa 1710, single-family home prices have reached for the heavens.
According to federal housing data, the value of properties in the Eddington area rose 73% from $238,200 to $403,100 between the years 2017 and 2022.
A founding father of the American Revolution, Robert Morris may have been confined to a debtor's prison, but some residents living in the town that bears his name are seeing major financial gains.
A section of Morrisville just north of Snipes Farm has dramatically drawn-up in property value. According to federal housing data, homes in one corner of the small borough have risen in price by 57% in five years. The average home value of $205,100 has now climbed to $321,100, according to federal estimates.
That's an increase of $115,900.
Finally, three sections of Levittown have leapt in value.
The Lower Orchard, Upper Orchard, and Juniper sections of William J. Levitt's planned community have risen in average property value from $254,000 in 2017 to $360,900 in 2022, according to federal data.
That's an increase of $160,600. (In 1949, the Levitt company sold those suburban homes for $7,990.)
This article originally appeared on Bucks County Courier Times: Bucks County property values rise, nearly double in average price
