Housing in Ephrata, PA is well above the national median value. The median housing value in Ephrata, PA is $370,700, while the US median house value is substantially lower at just $338,100. What's more remarkable is that Ephrata's 1 year house appreciation rate for 2020 was an astounding 15.13%, higher than the US rate of 8.27%. This indicates that houses in Ephrata are continuing to increase in value at a rapid pace. It appears that investing in real estate in this town will be a sound decision for many years to come.
The median home cost in Ephrata township is $370,700. Home appreciation the last 10 years has been 62.9%. Home Appreciation in Ephrata township is up 12.4%.
Average Age of Homes
- The median age of Ephrata township real estate is 29 years old
The Rental Market in Ephrata township
- Renters make up 29.1% of the Ephrata township population
- 1.2% of houses and apartments in Ephrata township, 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.