Connellsville, PA is an area that has seen steady growth in the housing market over the past year. The median value of homes in Connellsville is $119,400 which is significantly lower than the national median value of $338,100. Despite this price disparity, Connellsville has seen a healthy appreciation rate of 7.43%, which is nearly as high as the US rate of 8.27%. Prospective buyers should consider the potential for capital gains when looking at Connellsville's housing market, and be aware that prices may continue to appreciate in the future.
The median home cost in Connellsville is $119,400. Home appreciation the last 10 years has been 71.5%. Home Appreciation in Connellsville is up 11.0%.
Average Age of Homes
- The median age of Connellsville real estate is 76 years old
The Rental Market in Connellsville
- Renters make up 42.2% of the Connellsville population
- 1.1% of houses and apartments in Connellsville, 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.