Fairview-Ferndale, PA is an affordable housing market compared to the US overall. The median value of a house in Fairview-Ferndale is $79,000, which is less than a quarter of the US median value at $338,100. In the past year, house appreciation in Fairview-Ferndale was 10.35%, higher than the 8.27% nationwide increase during the same period. This makes Fairview-Ferndale an attractive option for potential homebuyers who are looking to settle into a community with an appreciating housing market without breaking the bank.
The median home cost in Fairview-Ferndale is $79,000. Home appreciation the last 10 years has been 51.5%. Home Appreciation in Fairview-Ferndale is up 14.3%.
Average Age of Homes
- The median age of Fairview-Ferndale real estate is 77 years old
The Rental Market in Fairview-Ferndale
- Renters make up 13.6% of the Fairview-Ferndale population
- 1.6% of houses and apartments in Fairview-Ferndale, 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.