Penns Creek, PA offers an attractive housing market for potential buyers. The median value of a house in Penns Creek is $120,500, which is considerably lower than the US median value of $338,100. In addition to this price advantage, compared to the national average, the one year appreciation rate in Penns Creek is even higher at 10.35% versus 8.27% across the US. All of these factors make Penns Creek an attractive option for those looking to invest in a new home.
The median home cost in Penns Creek is $120,500. Home appreciation the last 10 years has been 51.5%. Home Appreciation in Penns Creek is up 14.3%.
Average Age of Homes
- The median age of Penns Creek real estate is 73 years old
The Rental Market in Penns Creek
- Renters make up 32.3% of the Penns Creek population
- 5.2% of houses and apartments in Penns Creek, 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.