Meyersdale, PA is an ideal place to invest in housing. The median house value in the area is currently $122,500, significantly lower than the U.S. median of $338,100. Not only that, but the house appreciation rate over the past year has been 10.35%, much higher than the national rate of 8.27%. With these low prices and high appreciation rates, Meyersdale is a great environment for investments in real estate.
The median home cost in Meyersdale is $122,500. Home appreciation the last 10 years has been 51.5%. Home Appreciation in Meyersdale is up 14.3%.
Average Age of Homes
- The median age of Meyersdale real estate is 78 years old
The Rental Market in Meyersdale
- Renters make up 24.0% of the Meyersdale population
- 1.3% of houses and apartments in Meyersdale, 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.