The housing market in Palmdale, PA is very promising. The median value of houses in the area is $193,700, which is significantly lower than the US median value of $338,100. In addition to an attractive price tag for potential homeowners, Palmdale has seen a higher appreciation rate of 12.41% over the course of a year as compared to the US average of 8.27%. This indicates that the housing market in Palmdale is healthy and growing, making it an ideal place to invest in real estate.
The median home cost in Palmdale is $193,700. Home appreciation the last 10 years has been 56.4%. Home Appreciation in Palmdale is up 14.0%.
Average Age of Homes
- The median age of Palmdale real estate is 64 years old
The Rental Market in Palmdale
- Renters make up 31.8% of the Palmdale population
- 0.0% of houses and apartments in Palmdale, 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.