The housing market in Hereford township, PA is doing very well. The median value of a house in the area is $316,100, which is significantly lower than the US median value of $338,100. However, what makes the housing market in Hereford township so appealing is the yearly appreciation rate. In comparison to the national rate of 8.27%, Hereford township's yearly house appreciation rate is 11.80%, making it an attractive option for potential buyers and investors alike.
The median home cost in Hereford township is $316,100. Home appreciation the last 10 years has been 66.5%. Home Appreciation in Hereford township is up 15.2%.
Average Age of Homes
- The median age of Hereford township real estate is 45 years old
The Rental Market in Hereford township
- Renters make up 10.0% of the Hereford township population
- 2.7% of houses and apartments in Hereford 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.