The housing in Slippery Rock borough, PA is relatively affordable compared to the US median value. The median value here is $201,100, which is significantly lower than the national average of $338,100. Despite this lower cost of housing, the area has still seen appreciation in house values over the past year with a 6.05% increase in values. This rate of appreciation is slightly lower than that of the US overall at 8.27%; however, it still indicates that housing values are increasing in the area.
The median home cost in Slippery Rock is $201,100. Home appreciation the last 10 years has been 59.3%. Home Appreciation in Slippery Rock is up 9.2%.
Average Age of Homes
- The median age of Slippery Rock real estate is 45 years old
The Rental Market in Slippery Rock
- Renters make up 52.4% of the Slippery Rock population
- 4.6% of houses and apartments in Slippery Rock, 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.