Housing in Millcreek township (Lebanon County), PA is a great investment option for homeowners looking to take advantage of the appreciation in the housing market. The median value of homes in this area is $292,100, which is lower than the US median house value of $338,100. In addition, the one-year house appreciation rate here is 12.45%, which is higher than the US one-year house appreciation rate of 8.27%. This means homeowners in Millcreek township (Lebanon County), PA can expect to see their home values increase at a higher rate than most other areas.
The median home cost in Millcreek township (Lebanon County) is $292,100. Home appreciation the last 10 years has been 57.0%. Home Appreciation in Millcreek township (Lebanon County) is up 14.1%.
Average Age of Homes
- The median age of Millcreek township (Lebanon County) real estate is 37 years old
The Rental Market in Millcreek township (Lebanon County)
- Renters make up 20.9% of the Millcreek township (Lebanon County) population
- 3.1% of houses and apartments in Millcreek township (Lebanon 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.