The housing market in Farrell, PA is vibrant and growing. The median value of a house in Farrell is $60,800, which is significantly lower than the US median value of $338,100. In the past year, the US House Appreciation rate was 8.27%, while Farrell saw an appreciation rate of 10.29%. This higher rate of appreciation shows that the housing market in Farrell is strong and vibrant and presents a good opportunity for potential homeowners or investors.
The median home cost in Farrell is $60,800. Home appreciation the last 10 years has been 57.9%. Home Appreciation in Farrell is up 15.7%.
Average Age of Homes
- The median age of Farrell real estate is 70 years old
The Rental Market in Farrell
- Renters make up 26.2% of the Farrell population
- 1.3% of houses and apartments in Farrell, 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.