Impacts of bicycle facilities on residential property values in 11 US cities
Year: 2025
Type: article
Abstract: 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. We 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. We 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, we did not find a statistically significant effect of bicycle infrastructure on housing values in Portland, San Francisco, and Seattle. Findings from our study will inform decision-making and planning for bicycle infrastructure while ensuring the equitable distribution of these facilities and affordable housing for disadvantaged populations. • This quasi-experimental study quantifies the impacts of bike facilities on property values. • We analyzed data from 11 US cities from 2000 to 2019. • We found a mix of increase, decrease, and null effects on property values near on-street and off-street facilities. • Negative impact was more prevalent for single-family properties than multifamily properties.
Source: Journal of Transport Geography
Authors: Abdirashid Dahir, Huyen T.K. Le
Institution: The Ohio State University
Language: English
Subfield: Transportation
Field: Social Sciences
Domain: Social Sciences
Open Access status: hybrid
Estimated APC paid: $2,990
OpenAlex ID: W4407425465
