The housing market in Shippenville, PA is quite strong, with the median value of homes in the area at $155,700–significantly lower than the US median value of $338,100. Despite being lower than the US average, however, the appreciation of homes in the area is still quite strong at 7.43% over the past year. This is slightly lower than the US 1 year house appreciation rate of 8.27%, but still an indication that Shippenville’s housing market is doing well.
The median home cost in Shippenville is $155,700. Home appreciation the last 10 years has been 71.5%. Home Appreciation in Shippenville is up 11.0%.
Average Age of Homes
- The median age of Shippenville real estate is 78 years old
The Rental Market in Shippenville
- Renters make up 16.7% of the Shippenville population
- 0.0% of houses and apartments in Shippenville, 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.