The housing market in Penryn, PA is performing extremely well when compared to the national average. The median house value in Penryn, PA is $275,200 which is well below the US median of $338,100. However, over the last year the appreciation rate for houses in Penryn, PA has been 15.13%, much higher than the US national average of 8.27%. This suggests that housing prices are continuing to rise in Penryn and there may be a good investment opportunity for potential buyers in the region.
The median home cost in Penryn is $275,200. Home appreciation the last 10 years has been 62.9%. Home Appreciation in Penryn is up 12.4%.
Average Age of Homes
- The median age of Penryn real estate is 41 years old
The Rental Market in Penryn
- Renters make up 6.3% of the Penryn population
- 0.0% of houses and apartments in Penryn, 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.