Sandy Lake borough, PA is a great place to invest in a home. The median value of houses in the area is $154,900, which is lower than the US house median value of $338,100. The US 1 year house appreciation rate is 8.27%, while the 1 year appreciation rate for homes in Sandy Lake borough is an impressive 10.29%. With such high rates of appreciation, investing in a home in this area makes great financial sense and could be a great long-term investment opportunity.
The median home cost in Sandy Lake is $154,900. Home appreciation the last 10 years has been 57.9%. Home Appreciation in Sandy Lake is up 15.7%.
Average Age of Homes
- The median age of Sandy Lake real estate is 69 years old
The Rental Market in Sandy Lake
- Renters make up 33.7% of the Sandy Lake population
- 2.2% of houses and apartments in Sandy Lake, 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.