The housing market in Mead, PA is extremely affordable in comparison to the rest of the United States. The median value for a house in Mead, PA is $106,600 which is much lower than the US House Median Value of $338,100. Despite its affordability, the housing market in Mead has seen a robust increase in value over the past year, with a 1 year house appreciation rate of 10.35%. This is higher than the appreciation rate for US houses which is 8.27%. These numbers illustrate how attractive owning a home can be in Mead and show that there are still opportunities to invest in this market.
The median home cost in Mead is $106,600. Home appreciation the last 10 years has been 51.5%. Home Appreciation in Mead is up 14.3%.
Average Age of Homes
- The median age of Mead real estate is 57 years old
The Rental Market in Mead
- Renters make up 7.5% of the Mead population
- 1.9% of houses and apartments in Mead, 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.