The housing market in St. Petersburg, PA is relatively affordable compared to the national average, with a median value of $83,400. This is over $250,000 less than the US median housing value of $338,100. Despite this gap in price points, St. Petersburg has still seen an increase in house values over the past year with an appreciation rate of 6.05%, which is slightly lower than the national 1 year appreciation rate of 8.27%. This suggests that although property may be more affordable in St. Petersburg, it is still subject to trends in the larger housing market and can benefit from rising values as well.
The median home cost in St. Petersburg is $83,400. Home appreciation the last 10 years has been 59.3%. Home Appreciation in St. Petersburg is up 9.2%.
Average Age of Homes
- The median age of St. Petersburg real estate is 78 years old
The Rental Market in St. Petersburg
- Renters make up 9.2% of the St. Petersburg population
- 0.0% of houses and apartments in St. Petersburg, 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.