Fairmount, PA is a great place to invest in housing with a median value of $297,800. This is significantly lower than the US house median value of $338,100, making it an attractive option for buyers. Furthermore, the house appreciation in Fairmount over the past year has been 12.41%, which is higher than the US one year house appreciation of 8.27%. This indicates that housing in Fairmount is appreciating at a faster rate and makes it an ideal place for investors looking to get into the market.
The median home cost in Fairmount is $297,800. Home appreciation the last 10 years has been 53.0%. Home Appreciation in Fairmount is up 15.8%.
Average Age of Homes
- The median age of Fairmount real estate is 36 years old
The Rental Market in Fairmount
- Renters make up 9.5% of the Fairmount population
- 0.0% of houses and apartments in Fairmount, 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.