The housing market in Bangor, PA is flourishing. The median value of homes in the area is $277,300, which is significantly lower than the US median at 338,100. Over the past year, the appreciation for houses in Bangor has been 11.31%, much higher than the US average of 8.27%. This indicates that now would be a great time to invest in property in Bangor as prices are up and expected to continue to rise in the future.
The median home cost in Bangor is $277,300. Home appreciation the last 10 years has been 67.8%. Home Appreciation in Bangor is up 15.4%.
Average Age of Homes
- The median age of Bangor real estate is 78 years old
The Rental Market in Bangor
- Renters make up 42.7% of the Bangor population
- 1.9% of houses and apartments in Bangor, 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.