Menallen township (Fayette County), PA is a great place for those looking to invest in the housing market. The median value of the homes in the area is $121,600, which is significantly lower than the US house median value of $338,100. While the US housing market has appreciated by 8.27% over the course of one year, Menallen township's appreciation rate is slightly lower at 7.43%. This makes investing in this area a wise decision for those interested in taking advantage of a growing housing market and potentially realizing significant returns on their investment over time.
The median home cost in Menallen township (Fayette County) is $121,600. Home appreciation the last 10 years has been 71.5%. Home Appreciation in Menallen township (Fayette County) is up 11.0%.
Average Age of Homes
- The median age of Menallen township (Fayette County) real estate is 57 years old
The Rental Market in Menallen township (Fayette County)
- Renters make up 18.8% of the Menallen township (Fayette County) population
- 1.3% of houses and apartments in Menallen township (Fayette County), 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.