The housing in Ararat, PA is an attractive option for many people looking to purchase a home. The median value of housing in the area is $172,600, which is significantly lower than the US median value of $338,100. Additionally, the 1 year house appreciation rate has been 9.37%, which is higher than the US average of 8.27%. This makes the housing market in Ararat a great option for potential buyers who want to make a wise investment.
The median home cost in Ararat is $172,600. Home appreciation the last 10 years has been 56.9%. Home Appreciation in Ararat is up 15.2%.
Average Age of Homes
- The median age of Ararat real estate is 36 years old
The Rental Market in Ararat
- Renters make up 5.5% of the Ararat population
- 0.2% of houses and apartments in Ararat, 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.