The housing market in the Harrisburg-Carlisle, PA Metro Area is thriving. The median value of a home in this area is $248,200, which is significantly lower than the national median value of $338,100. Additionally, over the past year home prices have appreciated by 12.58%, which is considerably higher than the US 1 year appreciation rate of 8.27%. Therefore, now might be a great time to invest in real estate in this metropolitan area as prices are likely to continue to rise.
The median home cost in Harrisburg-Carlisle Metro Area is $248,200. Home appreciation the last 10 years has been 56.3%. Home Appreciation in Harrisburg-Carlisle Metro Area is up 13.6%.
Average Age of Homes
- The median age of Harrisburg-Carlisle Metro Area real estate is 46 years old
The Rental Market in Harrisburg-Carlisle Metro Area
- Renters make up 29.0% of the Harrisburg-Carlisle Metro Area population
- 1.4% of houses and apartments in Harrisburg-Carlisle 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.