The housing market in Quakertown, PA is currently booming. The median value of a house in the area is $363,600 which is higher than the national median value of $338,100. In the last year alone, house appreciation in Quakertown was 11.14% compared to 8.27% nationally; this indicates that property values are significantly increasing in the area. This makes Quakertown an attractive place to invest in real estate for those looking to capitalize on these trends.
The median home cost in Quakertown is $363,600. Home appreciation the last 10 years has been 58.3%. Home Appreciation in Quakertown is up 13.9%.
Average Age of Homes
- The median age of Quakertown real estate is 60 years old
The Rental Market in Quakertown
- Renters make up 43.2% of the Quakertown population
- 0.5% of houses and apartments in Quakertown, 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.