The housing market in Birmingham borough, PA is booming. The median value of housing in the borough is $98,500, significantly lower than the national median value of $338,100. The US house appreciation rate over the past year has been 8.27%. However, in Birmingham borough, PA the house appreciation rate over the same time period has been 13.94%. This is an impressive 5.67% higher than the national average and indicates that demand for housing in Birmingham borough is high and offers real estate investors great potential returns on their investments.
The median home cost in Birmingham is $98,500. Home appreciation the last 10 years has been 37.0%. Home Appreciation in Birmingham is up 6.9%.
Average Age of Homes
- The median age of Birmingham real estate is 78 years old
The Rental Market in Birmingham
- Renters make up 25.0% of the Birmingham population
- 0.0% of houses and apartments in Birmingham, 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.