The housing market in Mars, PA is a hot commodity. The median value of homes in the area stands at $445,700, higher than the national median value of $338,100. Although the US has seen an annual appreciation rate of 8.27%, home values in Mars have risen by 6.05% over the past year, making it an attractive place for people to buy property and invest their money. Regardless of the current situation, those looking to purchase real estate can rest assured that their investments are secure and will continue to appreciate over time.
The median home cost in Mars is $445,700. Home appreciation the last 10 years has been 59.3%. Home Appreciation in Mars is up 9.2%.
Average Age of Homes
- The median age of Mars real estate is 58 years old
The Rental Market in Mars
- Renters make up 44.0% of the Mars population
- 2.1% of houses and apartments in Mars, 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.