The housing market in Scott township (Wayne County), PA is very strong. The median value of houses in the area is $217,500, which is significantly lower than the US house median value of $338,100. The US average one-year house appreciation rate is 8.27%, but Scott township has an even better rate of 9.89%. This indicates that there are good returns to be made on investments in the area's real estate, making it an attractive option for potential buyers or those looking to rent out their property.
The median home cost in Scott township (Wayne County) is $217,500. Home appreciation the last 10 years has been 54.0%. Home Appreciation in Scott township (Wayne County) is up 14.7%.
Average Age of Homes
- The median age of Scott township (Wayne County) real estate is 39 years old
The Rental Market in Scott township (Wayne County)
- Renters make up 4.6% of the Scott township (Wayne County) population
- 0.0% of houses and apartments in Scott township (Wayne 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.