The housing market in Bradford, PA Metro Area is an attractive option for potential homeowners. The median housing value of $86,600 in the area is substantially lower than the US House Median Value of $338,100, making Bradford a great place for those looking to buy a home for a reduced cost. Additionally, the 1 year house appreciation rate in the area is 10.29%, which is higher than the national average of 8.27%. This means that homes are increasing in value at a faster rate in Bradford than other parts of the country, making it an even more attractive option for those looking to invest in property.
The median home cost in Bradford Metro Area is $86,600. Home appreciation the last 10 years has been 51.5%. Home Appreciation in Bradford Metro Area is up 14.3%.
Average Age of Homes
- The median age of Bradford Metro Area real estate is 68 years old
The Rental Market in Bradford Metro Area
- Renters make up 21.8% of the Bradford Metro Area population
- 0.3% of houses and apartments in Bradford Metro Area, 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.