The housing market in Fairchance, PA is thriving. The median value of a house in the area is $121,000 - far lower than the US median value of $338,100. Although growth has been slightly slower in Fairchance than nationally (at 7.43% compared to 8.27%), houses are still appreciating at an impressive rate. This means that buyers can purchase a home and see significant financial returns on their investment over the course of just one year.
The median home cost in Fairchance is $121,000. Home appreciation the last 10 years has been 71.5%. Home Appreciation in Fairchance is up 11.0%.
Average Age of Homes
- The median age of Fairchance real estate is 61 years old
The Rental Market in Fairchance
- Renters make up 27.1% of the Fairchance population
- 2.1% of houses and apartments in Fairchance, 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.