Lower Burrell, PA is an area with a strong housing market. The median value of houses in Lower Burrell is $173,700, which is much lower than the US median of $338,100. This makes Lower Burrell an attractive option for potential home buyers looking for a great deal. In addition to the already low house prices, the 1 year house appreciation rate in Lower Burrell was 9.66%, which is higher than the US average of 8.27%. This indicates that there is potential in investing in the Lower Burrell housing market and that prices may continue to increase over time.
The median home cost in Lower Burrell is $173,700. Home appreciation the last 10 years has been 65.1%. Home Appreciation in Lower Burrell is up 10.8%.
Average Age of Homes
- The median age of Lower Burrell real estate is 57 years old
The Rental Market in Lower Burrell
- Renters make up 20.4% of the Lower Burrell population
- 0.0% of houses and apartments in Lower Burrell, 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.