New Salem borough, PA is a great place to invest in housing. The median value of housing in the borough is $237,000, which is significantly lower than the US median value at $338,100. Additionally, house appreciation over the past year has been much higher at 14.46% as compared to the US 1 year House Appreciation rate of 8.27%. This makes New Salem borough an excellent choice for those looking for a good return on their investment in housing.
The median home cost in New Salem is $237,000. Home appreciation the last 10 years has been 61.6%. Home Appreciation in New Salem is up 12.3%.
Average Age of Homes
- The median age of New Salem real estate is 45 years old
The Rental Market in New Salem
- Renters make up 11.4% of the New Salem population
- 0.0% of houses and apartments in New Salem, 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.