South Hanover, PA is an attractive area for homeowners due to its higher median housing value of $424,400 compared to the US House Median Value of $338,100. The 1 year house appreciation rate in South Hanover is also significantly higher than the US average, at 12.43%, compared to 8.27%. These positive trends make South Hanover a desirable place to purchase a home and invest in real estate.
The median home cost in South Hanover is $424,400. Home appreciation the last 10 years has been 56.4%. Home Appreciation in South Hanover is up 13.9%.
Average Age of Homes
- The median age of South Hanover real estate is 34 years old
The Rental Market in South Hanover
- Renters make up 23.5% of the South Hanover population
- 3.5% of houses and apartments in South Hanover, 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.