The housing market in Mehoopany, PA is thriving. The median value of homes in the area is just below $270,000, which is significantly lower than the US house median value of $338,100. However, the appreciation rate of homes in Mehoopany over the past year has been 14.98%, far higher than the US house appreciation rate of 8.27%. This indicates that housing demand and prices in Mehoopany are increasing rapidly, suggesting a healthy housing market with strong prospects for future growth.
The median home cost in Mehoopany is $270,000. Home appreciation the last 10 years has been 54.9%. Home Appreciation in Mehoopany is up 17.7%.
Average Age of Homes
- The median age of Mehoopany real estate is 43 years old
The Rental Market in Mehoopany
- Renters make up 14.3% of the Mehoopany population
- 1.4% of houses and apartments in Mehoopany, 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.