New Wilmington, PA is known for having a high housing median value, at $222,700 it is significantly lower than the US House Median Value of $338,100. Despite this lower cost of living, New Wilmington still has seen steady growth in home values with a one-year house appreciation rate of 10.29%. This rate is higher than the national average of 8.27%, showing that New Wilmington continues to be an attractive area for homeowners looking to invest in real estate.
The median home cost in New Wilmington is $222,700. Home appreciation the last 10 years has been 57.9%. Home Appreciation in New Wilmington is up 15.7%.
Average Age of Homes
- The median age of New Wilmington real estate is 64 years old
The Rental Market in New Wilmington
- Renters make up 43.4% of the New Wilmington population
- 0.0% of houses and apartments in New Wilmington, 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.