Gap, PA has a median housing value of $363,600, which is significantly higher than the US median house value of $338,100. Furthermore, the 1-year appreciation rate for houses in Gap is 15.13%, much higher than the 8.27% appreciation rate nationwide. This suggests that homes in Gap are in high demand and appreciate more quickly than those elsewhere. These factors combine to make Gap a desirable location for potential home buyers looking to invest in real estate.
The median home cost in Gap is $363,600. Home appreciation the last 10 years has been 62.9%. Home Appreciation in Gap is up 12.4%.
Average Age of Homes
- The median age of Gap real estate is 36 years old
The Rental Market in Gap
- Renters make up 25.3% of the Gap population
- 0.0% of houses and apartments in Gap, 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.