Real Estate Values Increased by Commuter Rail

Southeastern Pennsylvania Transportation Authority (SEPTA)


A recent study by Econsult Solutions found that property values are higher for suburban homes with better SEPTA commuter rail access.1 Station proximity, service frequency, and the presence of commuter parking all support higher home values. Premiums are as high as 10 percent for homes within one half-mile of a station that provides sufficient parking and frequent service. The study estimated SEPTA generates approximately $6 billion in aggregate property value impacts across Bucks, Chester, Delaware, and Montgomery counties.

PA - 30th Street Upper_575Riders wait to board SEPTA Regional Rail trains at Philadelphia 30th Street Station. Source: flickr user Marc Di Luzio.
1. Econsult Solutions. “The Impact of SEPTA Regional Rail Service on House Prices.” [http://www.econsultsolutions.com/experience/our-projects/the-impacts-ofsepta-
regional-rail-service-on-suburban-house-prices/]