Berlin borough, PA has a median housing value of $166,400, which is significantly lower than the US median value of $338,100. Despite this difference in housing values, the 1 year house appreciation rate in Berlin borough is actually higher than the national rate at 10.35%, compared to 8.27% across the United States. This indicates that housing prices in Berlin borough are on the rise and that there is plenty of opportunity for potential homeowners or investors looking to purchase property in this area.
The median home cost in Berlin is $166,400. Home appreciation the last 10 years has been 51.5%. Home Appreciation in Berlin is up 14.3%.
Average Age of Homes
- The median age of Berlin real estate is 63 years old
The Rental Market in Berlin
- Renters make up 27.2% of the Berlin population
- 1.6% of houses and apartments in Berlin, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.