The housing market in Chippewa, PA is doing very well. The median value of a home in the area is currently $247,100, which is much lower than the national average of $338,100. Even better news is that the appreciation rate for houses in Chippewa over the past year has been 9.66%, which is higher than the national average appreciation rate of 8.27%. This suggests that there will be good returns on investment for homeowners who buy or sell property in Chippewa.
The median home cost in Chippewa is $247,100. Home appreciation the last 10 years has been 65.1%. Home Appreciation in Chippewa is up 10.8%.
Average Age of Homes
- The median age of Chippewa real estate is 51 years old
The Rental Market in Chippewa
- Renters make up 20.5% of the Chippewa population
- 2.0% of houses and apartments in Chippewa, 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.