Housing in Northmoreland, PA is very desirable. The median value of a home in the area is $233,300, which is significantly lower than the national median value of $338,100. This makes housing much more affordable for potential homeowners. Furthermore, the appreciation rate of 1 year for houses in Northmoreland is 14.98%, which is higher than the national percentage of 8.27%. This indicates that homes are increasing in value over time. In conclusion, Northmoreland offers an attractive market for prospective homeowners who are looking to buy property and benefit from rising prices over time.
The median home cost in Northmoreland is $233,300. Home appreciation the last 10 years has been 54.9%. Home Appreciation in Northmoreland is up 17.7%.
Average Age of Homes
- The median age of Northmoreland real estate is 39 years old
The Rental Market in Northmoreland
- Renters make up 10.0% of the Northmoreland population
- 2.0% of houses and apartments in Northmoreland, 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.