The housing market in Salford, PA is quite strong. The median value of a home in Salford is $439,500, well above the US house median of $338,100. Additionally, the one-year appreciation rate for homes in Salford is 11.17%, significantly higher than the US one-year appreciation rate of 8.27%. This indicates that there is a high demand for housing in this area and that prices are likely to continue to rise in the near future.
The median home cost in Salford is $439,500. Home appreciation the last 10 years has been 59.9%. Home Appreciation in Salford is up 14.2%.
Average Age of Homes
- The median age of Salford real estate is 39 years old
The Rental Market in Salford
- Renters make up 11.9% of the Salford population
- 1.3% of houses and apartments in Salford, 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.