The housing market in Almedia, PA is thriving due to its median value of $153,500 which is significantly lower than the national median value of $338,100. This provides local residents with more affordable housing options. The US experienced a 1 year house appreciation rate of 8.27%, but this rate was even higher in Almedia at 10.35%. These promising results indicate that the housing market in Almedia has a great potential for growth within the coming years.
The median home cost in Almedia is $153,500. Home appreciation the last 10 years has been 51.5%. Home Appreciation in Almedia is up 14.3%.
Average Age of Homes
- The median age of Almedia real estate is 56 years old
The Rental Market in Almedia
- Renters make up 22.0% of the Almedia population
- 0.0% of houses and apartments in Almedia, 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.