The housing market in Meridian, PA is currently moderately priced with a median value of $215,500. This is significantly lower than the US median value of $338,100. Despite the lower home values in Meridian, PA the area still saw an appreciation rate of 6.05% over the last year which is below the national 1 year house appreciation rate of 8.27%. This suggests that home buyers in Meridian should anticipate continuing price increases over time as demand remains fairly consistent with supply.
The median home cost in Meridian is $215,500. Home appreciation the last 10 years has been 59.3%. Home Appreciation in Meridian is up 9.2%.
Average Age of Homes
- The median age of Meridian real estate is 46 years old
The Rental Market in Meridian
- Renters make up 5.5% of the Meridian population
- 0.0% of houses and apartments in Meridian, 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.