Housing in Somerset township (Somerset County), PA is a great option for potential home buyers. The median value of homes in the township is $183,300 - significantly lower than the US median value of $338,100. In addition to being more affordable, housing in this area also appreciates at a higher level than the national average. Over the last year, house appreciation was 10.35%, whereas the US 1 year house appreciation rate was 8.27%. This makes an investment in housing here a great opportunity for those looking to purchase a new home or invest in real estate.
The median home cost in Somerset township is $183,300. Home appreciation the last 10 years has been 51.5%. Home Appreciation in Somerset township is up 14.3%.
Average Age of Homes
- The median age of Somerset township real estate is 41 years old
The Rental Market in Somerset township
- Renters make up 17.0% of the Somerset township population
- 0.0% of houses and apartments in Somerset township, 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.