The housing market in Matamoras, PA is an attractive investment opportunity. The median value of a house in the area is $255,200, which is significantly lower than the US median value of $338,100. Additionally, the 1 year house appreciation rate for Matamoras is 10.17%, compared to the US average of 8.27%. This higher appreciation rate indicates that there are good returns to be made from investing in real estate in Matamoras. With a relatively low cost and high potential returns, it is no wonder that Matamoras has become an increasingly popular option for investors.
The median home cost in Matamoras is $255,200. Home appreciation the last 10 years has been 83.7%. Home Appreciation in Matamoras is up 21.7%.
Average Age of Homes
- The median age of Matamoras real estate is 71 years old
The Rental Market in Matamoras
- Renters make up 29.9% of the Matamoras population
- 4.4% of houses and apartments in Matamoras, 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.