The housing market in Phoenixville, PA is booming. The median house value in this city is $422,900, which is much higher than the US house median of $338,100. House appreciation over the last year has been even more robust in Phoenixville at 11.94%, significantly higher than the US average of 8.27%. This indicates a strong market for potential buyers and sellers looking to purchase or list a home in Phoenixville.
The median home cost in Phoenixville is $422,900. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Phoenixville is up 14.2%.
Average Age of Homes
- The median age of Phoenixville real estate is 60 years old
The Rental Market in Phoenixville
- Renters make up 41.7% of the Phoenixville population
- 2.4% of houses and apartments in Phoenixville, 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.