Dorrance, PA has an impressive median housing value of $308,900. This is significantly lower than the US median housing value of $338,100. Although the difference in prices is noticeable, Dorrance has seen impressive growth in house appreciation over the past year at 14.98%. This number is higher than the national average of 8.27%, indicating that houses in Dorrance have increased in value more rapidly than most other places across the country. This makes it an attractive option for potential homebuyers looking to invest in a property with high returns.
The median home cost in Dorrance is $308,900. Home appreciation the last 10 years has been 54.9%. Home Appreciation in Dorrance is up 17.7%.
Average Age of Homes
- The median age of Dorrance real estate is 41 years old
The Rental Market in Dorrance
- Renters make up 9.3% of the Dorrance population
- 0.0% of houses and apartments in Dorrance, 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.