Housing in Providence, PA is significantly more affordable than the national median. The median value of a house in Providence is $316,500, compared to the US median of $338,100. This difference amounts to a savings of over $21,000. Despite the lower cost, Providence homes have seen much higher appreciation in the past year than those across the rest of the country; 15.13% as opposed to just 8.27%. This higher appreciation rate suggests that housing in Providence is a smart investment for those looking to buy a property in this area.
The median home cost in Providence is $316,500. Home appreciation the last 10 years has been 62.9%. Home Appreciation in Providence is up 12.4%.
Average Age of Homes
- The median age of Providence real estate is 31 years old
The Rental Market in Providence
- Renters make up 19.2% of the Providence population
- 0.0% of houses and apartments in Providence, 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.