The housing market in Lackawannock, PA is doing quite well. According to the data provided, the median value of houses in Lackawannock is $195,700, which is significantly less than the US median house value of $338,100. However, what makes Lackawannock's market appealing is its 1 year house appreciation of 10.29%, which outpaces the national rate of 8.27%. This indicates that housing prices are likely to increase further and that this could be a good time to invest in properties in Lackawannock if you're looking for a good return on your money.
The median home cost in Lackawannock is $195,700. Home appreciation the last 10 years has been 57.9%. Home Appreciation in Lackawannock is up 15.7%.
Average Age of Homes
- The median age of Lackawannock real estate is 42 years old
The Rental Market in Lackawannock
- Renters make up 12.0% of the Lackawannock population
- 0.0% of houses and apartments in Lackawannock, 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.