Housing in Newburg (Cumberland County), PA is a great investment for many potential buyers. The median value of homes in Newburg is $263,100, which is significantly lower than the US housing median value of $338,100. Furthermore, the one year house appreciation rate in Newburg is 15.01%, much higher than the US House Appreciation rate of 8.27%. This means that not only are home prices in Newburg more accessible than average but they are also growing at a faster pace and could be a solid long-term investment.
The median home cost in Newburg is $263,100. Home appreciation the last 10 years has been 58.3%. Home Appreciation in Newburg is up 18.0%.
Average Age of Homes
- The median age of Newburg real estate is 78 years old
The Rental Market in Newburg
- Renters make up 23.2% of the Newburg population
- 0.0% of houses and apartments in Newburg, 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.