The housing market in Towanda, PA is strong with the median value of homes in the area sitting at $190,200. This is significantly lower than the US median home value which currently stands at $338,100. Despite this, the market has seen a healthy appreciation rate of 10.35% in the last year, which is 2.08% higher than the national average of 8.27%. This indicates that not only is investing in Towanda's housing market a good option but also that it could potentially outperform other areas of the country as well.
The median home cost in Towanda township is $190,200. Home appreciation the last 10 years has been 51.5%. Home Appreciation in Towanda township is up 14.3%.
Average Age of Homes
- The median age of Towanda township real estate is 54 years old
The Rental Market in Towanda township
- Renters make up 17.0% of the Towanda township population
- 1.5% of houses and apartments in Towanda township, 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.