Drexel Hill, PA is a great place to live and invest in real estate. The current median house value is $264,100, which is significantly lower than the US median value of $338,100. This makes it an attractive opportunity for prospective home buyers to enter the market. In addition, over the past year house appreciation has been 11.01%, higher than the US average of 8.27%. This is great news for those who are looking to invest in property in Drexel Hill as their investments are likely to appreciate faster than most other markets around the country.
The median home cost in Drexel Hill is $264,100. Home appreciation the last 10 years has been 64.0%. Home Appreciation in Drexel Hill is up 12.4%.
Average Age of Homes
- The median age of Drexel Hill real estate is 69 years old
The Rental Market in Drexel Hill
- Renters make up 29.7% of the Drexel Hill population
- 2.0% of houses and apartments in Drexel Hill, 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.