Milesburg, PA is a great place to purchase a home. The median value for houses in Milesburg is $177,000, which is significantly lower than the US median value of $338,100. This makes it an attractive option for potential buyers who may be unable to afford the higher prices of other locations. Additionally, house appreciation in Milesburg over the last year has been 10.39%, higher than the 8.27% increase seen nationally. This means that homes purchased in Milesburg could see a return on investment in a shorter timeframe compared to other parts of the country. Therefore, Milesburg is an ideal location for those looking to purchase real estate with long-term financial rewards in mind.
The median home cost in Milesburg is $177,000. Home appreciation the last 10 years has been 54.0%. Home Appreciation in Milesburg is up 6.4%.
Average Age of Homes
- The median age of Milesburg real estate is 57 years old
The Rental Market in Milesburg
- Renters make up 30.6% of the Milesburg population
- 0.0% of houses and apartments in Milesburg, 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.