The housing market in Prospect, PA has seen a steady increase in value over the past year. The median house value in Prospect is currently $236,300, which is lower than the US median house value of $338,100. Despite this discrepancy, the one-year appreciation rate of houses in Prospect has been 6.05%, which is lower than the national average of 8.27%. This suggests a strong and stable housing market in Prospect that is likely to continue to grow in value over time.
The median home cost in Prospect is $236,300. Home appreciation the last 10 years has been 59.3%. Home Appreciation in Prospect is up 9.2%.
Average Age of Homes
- The median age of Prospect real estate is 44 years old
The Rental Market in Prospect
- Renters make up 15.1% of the Prospect population
- 0.0% of houses and apartments in Prospect, 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.