The housing market in Lemon, PA is thriving with a median value of $242,700, which is significantly lower than the US house median value of $338,100. This low cost combined with high appreciation rates makes Lemon an attractive place to buy or invest in real estate. Over the past year, US house appreciation was at 8.27%, while Lemon saw rates of 13.74%, representing an above-average appreciation rate that shows no sign of slowing down.
The median home cost in Lemon is $242,700. Home appreciation the last 10 years has been 55.3%. Home Appreciation in Lemon is up 17.1%.
Average Age of Homes
- The median age of Lemon real estate is 43 years old
The Rental Market in Lemon
- Renters make up 17.7% of the Lemon population
- 0.0% of houses and apartments in Lemon, 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.