The housing market in New Jerusalem, PA is thriving. The median value of homes in the area is $280,000, which is significantly lower than the national median value of $338,100. However, New Jerusalem has seen a higher appreciation rate over the past year at 12.85%, compared to the US's 8.27%. This reflects an overall strong real estate market and shows that New Jerusalem is a place to consider when looking for an affordable home with potential for growth.
The median home cost in New Jerusalem is $280,000. Home appreciation the last 10 years has been 63.6%. Home Appreciation in New Jerusalem is up 14.7%.
Average Age of Homes
- The median age of New Jerusalem real estate is 39 years old
The Rental Market in New Jerusalem
- Renters make up 27.4% of the New Jerusalem population
- 0.0% of houses and apartments in New Jerusalem, 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.