Lower Allen, PA is an increasingly desirable place to live, evidenced by the housing market. The median value for houses in Lower Allen is currently $226,800, much lower than the US median value of $338,100. However, this small discrepancy does not reflect the appreciation of the housing market in Lower Allen over the past year. The 1 year house appreciation in the area was 12.41%, which is higher than the US average of 8.27%. This shows that Lower Allen offers a great value and that it has been steadily increasing in popularity over time.
The median home cost in Lower Allen is $226,800. Home appreciation the last 10 years has been 56.4%. Home Appreciation in Lower Allen is up 14.0%.
Average Age of Homes
- The median age of Lower Allen real estate is 56 years old
The Rental Market in Lower Allen
- Renters make up 30.2% of the Lower Allen population
- 2.2% of houses and apartments in Lower Allen, 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.