Cherry Ridge, PA is a great place to purchase a house. The median value for housing in Cherry Ridge, PA is $293,100 which is slightly lower than the US median value of $338,100. This could make purchasing a home in Cherry Ridge more affordable than other locations. Additionally, the one year house appreciation in Cherry Ridge is 9.37%, higher than the 8.27% appreciation rate for the US overall - making it an attractive option for those looking to invest in real estate.
The median home cost in Cherry Ridge is $293,100. Home appreciation the last 10 years has been 56.9%. Home Appreciation in Cherry Ridge is up 15.2%.
Average Age of Homes
- The median age of Cherry Ridge real estate is 37 years old
The Rental Market in Cherry Ridge
- Renters make up 16.6% of the Cherry Ridge population
- 1.7% of houses and apartments in Cherry Ridge, 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.