The housing market in Mertztown, PA has seen a significant amount of appreciation over the past year. The median value of a house in Mertztown is currently $191,900, which is far lower than the US median house value of $338,100. However, the one-year appreciation rate for houses in Mertztown is 12.85%, which is significantly higher than the US House 1 year appreciation rate of 8.27%. This indicates that the housing market in Mertztown is an attractive option for many home buyers looking to purchase a property within an affordable price range and with potential for further gains.
The median home cost in Mertztown is $191,900. Home appreciation the last 10 years has been 63.6%. Home Appreciation in Mertztown is up 14.7%.
Average Age of Homes
- The median age of Mertztown real estate is 78 years old
The Rental Market in Mertztown
- Renters make up 54.3% of the Mertztown population
- 0.0% of houses and apartments in Mertztown, 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.