Cherry Grove, PA is an attractive place to buy a home as evidence by its median house value of $135,300. This is significantly lower than the US median house value of $338,100. Furthermore, the appreciation rate of housing in Cherry Grove has been higher than the national average over the past year with an increase of 10.35%, compared to 8.27% for the entire US. As such, it provides an excellent opportunity to invest in a home in Cherry Grove and benefit from projected future appreciation rates.
The median home cost in Cherry Grove is $135,300. Home appreciation the last 10 years has been 51.5%. Home Appreciation in Cherry Grove is up 14.3%.
Average Age of Homes
- The median age of Cherry Grove real estate is 53 years old
The Rental Market in Cherry Grove
- Renters make up 3.2% of the Cherry Grove population
- 0.0% of houses and apartments in Cherry Grove, 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.