Spring Mount, Pennsylvania is an excellent place to invest in real estate. The median value of housing there is $231,400, which is significantly lower than the US house median value of $338,100. This means that buyers can purchase property in Spring Mount for a much lower price than the national average. Furthermore, the one year house appreciation in Spring Mount is 11.93%,which is higher than the US 1 year house appreciation rate of 8.27%. These figures suggest that investing in housing in Spring Mount offers great potential for profits with both short term and long-term investments.
The median home cost in Spring Mount is $231,400. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Spring Mount is up 14.2%.
Average Age of Homes
- The median age of Spring Mount real estate is 30 years old
The Rental Market in Spring Mount
- Renters make up 12.7% of the Spring Mount population
- 0.0% of houses and apartments in Spring Mount, 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.