Housing in Lycoming, PA County is a great investment due to the current median value of $186,900 and the one year appreciation rate of 10.35%. This rate is higher than the national average of 8.27%, signifying that housing in Lycoming is growing faster than other areas. In addition, the median home value of $186,900 is significantly lower than the US median value of $338,100 making it an attractive option for potential buyers in search of an affordable yet appreciating asset.
The median home cost in Lycoming County is $186,900. Home appreciation the last 10 years has been 48.7%. Home Appreciation in Lycoming County is up 10.3%.
Average Age of Homes
- The median age of Lycoming County real estate is 57 years old
The Rental Market in Lycoming County
- Renters make up 26.3% of the Lycoming County population
- 2.4% of houses and apartments in Lycoming County, 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.