The housing market in Lycoming, PA is thriving. The median value of a house is $210,800, which is lower than the US median value of $338,100. Furthermore, the one year appreciation rate for houses in Lycoming is 9.90%, which is higher than the national rate of 8.27%. This indicates that home values in this area are increasing faster than the national average and may provide an attractive opportunity for potential buyers or investors looking to enter the local real estate market.
The median home cost in Lycoming is $210,800. Home appreciation the last 10 years has been 48.7%. Home Appreciation in Lycoming is up 10.3%.
Average Age of Homes
- The median age of Lycoming real estate is 46 years old
The Rental Market in Lycoming
- Renters make up 10.8% of the Lycoming population
- 1.6% of houses and apartments in Lycoming, 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.