Cherry Tree, PA has an impressive median housing value of $104,500 which is significantly lower than the median US housing value of $338,100. Furthermore, the one-year appreciation rate for homes in Cherry Tree is much higher than the US average at 10.35% compared to 8.27%. This makes Cherry Tree a great place to invest in real estate and highlights its potential as an affordable yet lucrative market.
The median home cost in Cherry Tree is $104,500. Home appreciation the last 10 years has been 51.5%. Home Appreciation in Cherry Tree is up 14.3%.
Average Age of Homes
- The median age of Cherry Tree real estate is 78 years old
The Rental Market in Cherry Tree
- Renters make up 12.5% of the Cherry Tree population
- 0.0% of houses and apartments in Cherry Tree, 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.