Higher Home Values Preserved in Mixed-Income, Medium-Density Suburbs

A new study of the Philadelphia area commissioned by the Congress for New Urbanism “finds new urban characteristics play a role” in how households and neighborhoods weathered the recent economic downtown.

1 minute read

November 17, 2012, 9:00 AM PST

By Erica Gutiérrez


An analysis of home sales in 340 zip codes in the Philadelphia region showed that neighborhoods with "exclusively low-density dwellings", as well as those "lacking income diversity" fared poorly in the latest recession from 2007 - 2012, reports Robert Steuteville. Declines in home values ranged from 1.9 percent to 49 percent in individual zip codes, with housing in Center City, Philadephia showing less of a decline than areas of extreme sprawl. "Mixed-use, walkable, suburbs also declined an average of 20 percent. The average house price in the region went down 26 percent. Typical non-new urbanist communities declined 35 percent." reports Steuteville.

This marked a reversal in patterns from the last housing downturn from 1989 – 1995, when housing values in the core urban center plummeted at a higher rate than those in lower-density suburban areas. The study's author, Kevin Gillen, an economist and senior research consultant at the University of Pennsylvania's Fels Institute, observes, "not only is the magnitude of the recent housing downturn unique, but its structure is as well." The report's findings align with a similar study carried out by Christopher Leinberger in the Washington DC area.

Tuesday, November 13, 2012 in Better Cities & Towns

portrait of professional woman

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching. Mary G., Urban Planner

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching.

Mary G., Urban Planner

Cover CM Credits, Earn Certificates, Push Your Career Forward

Logo for Planetizen Federal Action Tracker with black and white image of U.S. Capitol with water ripple overlay.

Planetizen Federal Action Tracker

A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

June 25, 2025 - Diana Ionescu

Map of Western U.S. indicating public lands that would be for sale under a Senate plan in yellow and green.

Map: Where Senate Republicans Want to Sell Your Public Lands

For public land advocates, the Senate Republicans’ proposal to sell millions of acres of public land in the West is “the biggest fight of their careers.”

June 19, 2025 - Outdoor Life

Person wearing mask walking through temporary outdoor dining setup lined with bistro lights at dusk in New York City.

Restaurant Patios Were a Pandemic Win — Why Were They so Hard to Keep?

Social distancing requirements and changes in travel patterns prompted cities to pilot new uses for street and sidewalk space. Then it got complicated.

June 19, 2025 - Diana Ionescu

Close-up of full beer glass with purple train-themed design sitting on bar between two frosty tall cans.

Platform Pilsner: Vancouver Transit Agency Releases... a Beer?

TransLink will receive a portion of every sale of the four-pack.

June 30 - Cities Today

Vintage red Toronto streetcar passing in front of Rogers Arena in Toronto, Canada.

Toronto Weighs Cheaper Transit, Parking Hikes for Major Events

Special event rates would take effect during large festivals, sports games and concerts to ‘discourage driving, manage congestion and free up space for transit.”

June 30 - blogTO

Map of Berlin with ring roads in green and red.

Berlin to Consider Car-Free Zone Larger Than Manhattan

The area bound by the 22-mile Ringbahn would still allow 12 uses of a private automobile per year per person, and several other exemptions.

June 30 - Streetsblog USA

Urban Design for Planners 1: Software Tools

This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.

Planning for Universal Design

Learn the tools for implementing Universal Design in planning regulations.