The housing market in Modena, PA is booming. The median value of houses in the area is $187,000, which is lower than the US average of $338,100. However, the one-year house appreciation rate in Modena is 12.61%, significantly higher than the 8.27% national average — indicating that housing prices are likely to continue to increase for the foreseeable future. This makes Modena an attractive option for potential homebuyers looking for a great investment opportunity in a growing market.
The median home cost in Modena is $187,000. Home appreciation the last 10 years has been 62.9%. Home Appreciation in Modena is up 13.5%.
Average Age of Homes
- The median age of Modena real estate is 78 years old
The Rental Market in Modena
- Renters make up 40.0% of the Modena population
- 6.9% of houses and apartments in Modena, 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.