The housing market in McKean borough, PA is less expensive than the national average, with median value of homes at $178,000. In the past year, the appreciation rate for homes in McKean borough has been 6.70%, lower than the US average of 8.27%. This could be an ideal time to buy a home in McKean borough as its lower prices paired with a relatively high appreciation rate could make it a great investment opportunity.
The median home cost in McKean is $178,000. Home appreciation the last 10 years has been 55.4%. Home Appreciation in McKean is up 13.4%.
Average Age of Homes
- The median age of McKean real estate is 47 years old
The Rental Market in McKean
- Renters make up 46.0% of the McKean population
- 4.8% of houses and apartments in McKean, 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.