Housing in Elizabeth borough, PA is an attractive option for potential homebuyers. The median value of homes in the area is $101,900, which is much lower than the US median house value of $338,100. In addition to the lower median value, the one-year appreciation rate of 9.66% is higher than the US 1 year house appreciation rate of 8.27%. This makes Elizabeth borough a desirable place to purchase a home as it offers both affordability and potential for strong appreciation over time.
The median home cost in Elizabeth is $101,900. Home appreciation the last 10 years has been 65.1%. Home Appreciation in Elizabeth is up 10.8%.
Average Age of Homes
- The median age of Elizabeth real estate is 78 years old
The Rental Market in Elizabeth
- Renters make up 41.1% of the Elizabeth population
- 1.1% of houses and apartments in Elizabeth, 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.