The housing market in Lincoln township (Somerset County), PA is thriving, with the median value of homes standing at $194,700. This is significantly lower than the national median value of $338,100. However, the appreciation rate of homes in the area has been higher than the US rate over the past year – 10.35% compared to 8.27%. This indicates that homes in Lincoln township are appreciating faster than most other places in the country and could be a great investment opportunity for people looking to buy a home in the area.
The median home cost in Lincoln township (Somerset County) is $194,700. Home appreciation the last 10 years has been 51.5%. Home Appreciation in Lincoln township (Somerset County) is up 14.3%.
Average Age of Homes
- The median age of Lincoln township (Somerset County) real estate is 53 years old
The Rental Market in Lincoln township (Somerset County)
- Renters make up 13.8% of the Lincoln township (Somerset County) population
- 0.0% of houses and apartments in Lincoln township (Somerset County), 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.