The housing market in Scotland, PA is booming - the median value of homes is $243,800 and it's seen an impressive 15.01% appreciation over the last year. This is significantly higher than the national average of 8.27%, making Scotland, PA a great place to invest in property. With such strong growth and a median value that's significantly less than the US House Median Value of $338,100, Scotland is becoming an increasingly attractive option for home buyers looking for good value for money.
The median home cost in Scotland is $243,800. Home appreciation the last 10 years has been 58.3%. Home Appreciation in Scotland is up 18.0%.
Average Age of Homes
- The median age of Scotland real estate is 47 years old
The Rental Market in Scotland
- Renters make up 20.2% of the Scotland population
- 8.0% of houses and apartments in Scotland, 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.