The housing market in Miles, PA is currently booming. According to the data provided, the median value for housing in this Pennsylvania town is $197,000, which is significantly lower than the national house median value of $338,100. However, the one year house appreciation rate for Miles, PA is 10.39%, which is higher than the national rate of 8.27%. This indicates that people are investing in real estate in this area and that prices are increasing at a rapid rate. It's an ideal time to buy property or invest in Miles, PA if you're looking to get involved in this bustling market.
The median home cost in Miles is $197,000. Home appreciation the last 10 years has been 54.0%. Home Appreciation in Miles is up 6.4%.
Average Age of Homes
- The median age of Miles real estate is 58 years old
The Rental Market in Miles
- Renters make up 16.6% of the Miles population
- 0.0% of houses and apartments in Miles, 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.