The housing in Richland township (Cambria County), PA is a great investment. The median value of homes in the area is $175,600, which is much lower than the US housing median value of $338,100. The US experienced an appreciation rate of 8.27% in housing prices over the last year, while Richland township experienced an even higher appreciation rate of 10.96%. This means that property values are increasing at a faster rate here than other parts of the country. Investing in real estate in Richland township can be very beneficial to potential homeowners.
The median home cost in Richland township (Cambria County) is $175,600. Home appreciation the last 10 years has been 36.4%. Home Appreciation in Richland township (Cambria County) is up 15.4%.
Average Age of Homes
- The median age of Richland township (Cambria County) real estate is 47 years old
The Rental Market in Richland township (Cambria County)
- Renters make up 30.1% of the Richland township (Cambria County) population
- 2.5% of houses and apartments in Richland township (Cambria County), 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.