The housing market in Media, PA is booming compared to the national average. The median value of a house in Media, PA is $535,200, which is significantly higher than the US House Median Value of $338,100. Moreover, the appreciation rate for houses in Media, PA over the past year was 11.01%, more than 3% higher than the US 1 year House Appreciation rate of 8.27%. This suggests that more and more people are seeking to move to Media, PA in order to take advantage of its flourishing housing market.
The median home cost in Media is $535,200. Home appreciation the last 10 years has been 64.0%. Home Appreciation in Media is up 12.4%.
Average Age of Homes
- The median age of Media real estate is 59 years old
The Rental Market in Media
- Renters make up 51.4% of the Media population
- 2.7% of houses and apartments in Media, 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.