The housing market in Patton borough, PA is performing well compared to the rest of the nation. The median value of homes in Patton borough is $87,700, significantly lower than the US median value of $338,100. Furthermore, the 1 year appreciation rate for homes in Patton borough is 13.94%, more than 5% higher than the US average of 8.27%. This indicates that housing prices in Patton borough are quickly increasing and could provide a great investment opportunity for those looking to buy a home.
The median home cost in Patton is $87,700. Home appreciation the last 10 years has been 37.0%. Home Appreciation in Patton is up 6.9%.
Average Age of Homes
- The median age of Patton real estate is 78 years old
The Rental Market in Patton
- Renters make up 30.9% of the Patton population
- 1.7% of houses and apartments in Patton, 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.