The housing market in New Britain borough, PA is very strong compared to the national average. The median value of a home in New Britain borough is $343,100, which is higher than the US median house value of $338,100. The appreciation rate for houses in the US over the past year was 8.27%, whereas the appreciation rate for homes in New Britain borough was 11.14%. This indicates that the housing market in New Britain borough is performing well and has seen greater growth than the national average over the last year.
The median home cost in New Britain is $343,100. Home appreciation the last 10 years has been 58.3%. Home Appreciation in New Britain is up 13.9%.
Average Age of Homes
- The median age of New Britain real estate is 47 years old
The Rental Market in New Britain
- Renters make up 18.1% of the New Britain population
- 2.3% of houses and apartments in New Britain, 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.