The housing market in Lower Frederick, PA has seen some impressive growth over the past year. The median value for houses in Lower Frederick is $320,100, which is slightly lower than the US median value of $338,100. However, this gap was closed as the House 1 year appreciation rate for Lower Frederick was 11.78%, while the US rate was 8.27%. This substantial increase in house value demonstrates the strong performance of Lower Frederick’s real estate market and offers potential homeowners a potentially lucrative investment opportunity.
The median home cost in Lower Frederick is $320,100. Home appreciation the last 10 years has been 66.6%. Home Appreciation in Lower Frederick is up 14.5%.
Average Age of Homes
- The median age of Lower Frederick real estate is 34 years old
The Rental Market in Lower Frederick
- Renters make up 13.4% of the Lower Frederick population
- 0.0% of houses and apartments in Lower Frederick, 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.