Lower Moreland, PA is an affluent suburb of Philadelphia, and its housing market reflects this. The median value for houses in Lower Moreland is more than double the US national average, amounting to $569,400. Furthermore, the 1 year home appreciation rate in Lower Moreland is 11.01%, significantly higher than the US national average of 8.27%. This makes Lower Moreland an attractive option for potential homeowners looking to purchase a house with potential for high returns on their investment.
The median home cost in Lower Moreland is $569,400. Home appreciation the last 10 years has been 64.0%. Home Appreciation in Lower Moreland is up 12.4%.
Average Age of Homes
- The median age of Lower Moreland real estate is 51 years old
The Rental Market in Lower Moreland
- Renters make up 14.0% of the Lower Moreland population
- 0.4% of houses and apartments in Lower Moreland, 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.