Housing in Allegany, PA is a great investment. The median value of housing in the area is $160,700, which is lower than the US house median value of $338,100. In the past year, houses have appreciated by 10.35%, exceeding the US national appreciation rate of 8.27%. With housing prices remaining relatively low and appreciation rates higher than average, Allegany is an attractive option for potential homeowners or investors looking to buy property in the area.
The median home cost in Allegany is $160,700. Home appreciation the last 10 years has been 51.5%. Home Appreciation in Allegany is up 14.3%.
Average Age of Homes
- The median age of Allegany real estate is 40 years old
The Rental Market in Allegany
- Renters make up 8.5% of the Allegany population
- 0.0% of houses and apartments in Allegany, 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.