The housing market in North Fayette, PA is thriving. The median house value in the area is $287,700, which is slightly less than the US House Median Value of $338,100. Despite this difference, the 1 year appreciation rate for North Fayette houses is 8.40%, slightly higher than the US average of 8.27%. This indicates that the housing market in North Fayette is doing well and that those who invest in it can be assured of consistently good returns.
The median home cost in North Fayette is $287,700. Home appreciation the last 10 years has been 69.1%. Home Appreciation in North Fayette is up 11.6%.
Average Age of Homes
- The median age of North Fayette real estate is 32 years old
The Rental Market in North Fayette
- Renters make up 20.1% of the North Fayette population
- 1.3% of houses and apartments in North Fayette, 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.