The housing market in Southmont, PA has remained strong over the past year, with a median housing value of $140,500. This is significantly lower than the US median house value of $338,100, yet still saw an impressive 10.96% appreciation rate in the last year compared to the 8.27% average national rate. This is an indication of a healthy local housing market and could be attractive for potential buyers looking for affordable housing in Southmont.
The median home cost in Southmont is $140,500. Home appreciation the last 10 years has been 36.4%. Home Appreciation in Southmont is up 15.4%.
Average Age of Homes
- The median age of Southmont real estate is 73 years old
The Rental Market in Southmont
- Renters make up 25.1% of the Southmont population
- 0.0% of houses and apartments in Southmont, 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.