The housing market in Springboro, PA is an attractive option for potential homeowners, as the median value of homes in the area is currently $133,500. This is substantially lower than the US median value of $338,100. The US has seen a 1 year house appreciation rate of 8.27%, while Springboro has seen a slightly lower rate of 6.70%. These figures indicate that now is a good time to invest in Springboro real estate, as prices are expected to remain relatively stable and increase at a moderate rate.
The median home cost in Springboro is $133,500. Home appreciation the last 10 years has been 55.4%. Home Appreciation in Springboro is up 13.4%.
Average Age of Homes
- The median age of Springboro real estate is 72 years old
The Rental Market in Springboro
- Renters make up 24.6% of the Springboro population
- 0.0% of houses and apartments in Springboro, 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.