Impacts of bicycle facilities on residential property values in 11 US cities

Bicycle infrastructure has been found to increase nearby residential property values. However, most evidence for this economic impact is limited to a single city. This study investigates the pre- and post-treatment effects of different types of bicycle facilities on the values of single-family and multifamily homes in 11 cities in the United States from 2000 to 2019. The authors utilize a quasi-experimental approach with matching techniques and hedonic models to track down the changes in the sales price of residential properties over time within an 800-m buffer of bicycle facilities. They found a mixed impact of property value appreciation, depreciation, and no change in the sales price by different types of bicycle infrastructure including on-street and off-street facilities on single-family and multifamily residential properties across the 11 cities. Single-family and multifamily properties near off-street-only facilities experienced appreciation in Los Angeles, Minneapolis, and Cleveland. Meanwhile, single-family homes near on-street-only facilities tended to decrease their values in Columbus, Eugene, Philadelphia, and Tucson, and increase only in Minneapolis. All properties within 800 m of both on-street and off-street facilities saw their values increase in Columbus and Minneapolis. However, they did not find a statistically significant effect of bicycle infrastructure on housing values in Portland, San Francisco, and Seattle. Findings from their study will inform decision-making and planning ffweor bicycle infrastructure while ensuring the equitable distribution of these facilities and affordable housing for disadvantaged populations.

• Record URL:
  • https://doi.org/10.1016/j.jtrangeo.2025.104146
• Record URL:
  • http://www.sciencedirect.com/science/article/pii/S0966692325000377
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/09666923
• Supplemental Notes:
  • © 2025 The Authors. Published by Elsevier Ltd. Abstract reprinted with permission of Elsevier.
• Authors:
  • Dahir, Abdirashid
  • Le, Huyen T K
• Publication Date: 2025-2

Language

• English

Media Info

• Media Type: Web
• Features: Figures; References; Tables;
• Pagination: 104146
• Serial:
  • Journal of Transport Geography
  • Volume: 123
  • Issue Number: 0
  • Publisher: Elsevier
  • ISSN: 0966-6923
  • Serial URL: http://www.elsevier.com/locate/jtrangeo

Subject/Index Terms

• TRT Terms: Bicycle facilities; Bicycle lanes; Bikeways; Built environment; Dwellings; Impacts; Prices; Property values
• Geographic Terms: United States
• Subject Areas: Economics; Finance; Pedestrians and Bicyclists; Planning and Forecasting; Terminals and Facilities;

Filing Info

• Accession Number: 01947702
• Record Type: Publication
• Files: TRIS
• Created Date: Feb 28 2025 4:43PM