Colonial Park, PA is a great place to live with its median house value standing at $192,000. This is far lower than the U.S. median housing value of $338,100, making it an attractive option for those looking to purchase a home. What’s more, Colonial Park’s 1 year house appreciation rate stands at 12.81%, which is higher than the national average of 8.27%. This means that those who buy now can potentially benefit from an increase in their property value down the line. In short, Colonial Park is a great choice for those looking for an affordable place to live with potential long-term investment benefits.
The median home cost in Colonial Park is $192,000. Home appreciation the last 10 years has been 55.6%. Home Appreciation in Colonial Park is up 11.7%.
Average Age of Homes
- The median age of Colonial Park real estate is 49 years old
The Rental Market in Colonial Park
- Renters make up 48.7% of the Colonial Park population
- 2.6% of houses and apartments in Colonial Park, 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.