The housing market in Luzerne, PA is quite stable, with a median value of $132,600. This is significantly lower than the US house median value of $338,100. Despite this difference, the 1 year house appreciation rate for Luzerne was 7.43%, which is slightly below the national average of 8.27%. These figures indicate that the housing market in Luzerne has remained fairly constant over the past year and is likely to continue to do so in the future.
The median home cost in Luzerne township (Fayette County) is $132,600. Home appreciation the last 10 years has been 71.5%. Home Appreciation in Luzerne township (Fayette County) is up 11.0%.
Average Age of Homes
- The median age of Luzerne township (Fayette County) real estate is 66 years old
The Rental Market in Luzerne township (Fayette County)
- Renters make up 11.8% of the Luzerne township (Fayette County) population
- 0.0% of houses and apartments in Luzerne township (Fayette 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.