Housing in Hershey, PA is a great investment. The median value of homes in the area is currently $337,200 and it has appreciated 12.41% over the last year, which is higher than the U.S. 1 year house appreciation rate of 8.27%. This means that housing prices in Hershey are going up faster than the rest of the country and could be a very good investment for potential buyers. It's worth noting that even though prices in Hershey are slightly lower than the U.S. median value of $338,100, they are still rising steadily and could continue to do so if trends remain consistent.
The median home cost in Hershey is $337,200. Home appreciation the last 10 years has been 56.4%. Home Appreciation in Hershey is up 14.0%.
Average Age of Homes
- The median age of Hershey real estate is 46 years old
The Rental Market in Hershey
- Renters make up 42.3% of the Hershey population
- 3.4% of houses and apartments in Hershey, 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.