Penn Estates, PA is a great place to invest in real estate. The median value of homes in Penn Estates is $186,900 which is significantly lower than the US median value of $338,100. Furthermore, the US house appreciation rate over the past year has been 8.27% while Penn Estates has seen an even higher rate of 10.17%. This suggests that investing in real estate in Penn Estates could be a wise decision and could yield good returns for investors.
The median home cost in Penn Estates is $186,900. Home appreciation the last 10 years has been 83.7%. Home Appreciation in Penn Estates is up 21.7%.
Average Age of Homes
- The median age of Penn Estates real estate is 28 years old
The Rental Market in Penn Estates
- Renters make up 11.7% of the Penn Estates population
- 1.5% of houses and apartments in Penn Estates, 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.