The housing market in Cambridge Springs, PA has remained fairly consistent over the past year. The median value of a home in Cambridge Springs is $144,100, which is significantly lower than the US median of $338,100. Despite this difference in value, the rate of appreciation for homes in Cambridge Springs during the last year was only 6.70%, slightly below the US average of 8.27%. This indicates that while prices are still increasing slowly, they are not rising as quickly as other parts of the country.
The median home cost in Cambridge Springs is $144,100. Home appreciation the last 10 years has been 55.4%. Home Appreciation in Cambridge Springs is up 13.4%.
Average Age of Homes
- The median age of Cambridge Springs real estate is 78 years old
The Rental Market in Cambridge Springs
- Renters make up 42.6% of the Cambridge Springs population
- 0.0% of houses and apartments in Cambridge Springs, 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.