The housing market in Lehigh, PA County is booming. The median value of homes in the county is $284,100, which is significantly lower than the national average of $338,100. This makes it a great place to buy real estate for those on a budget. Furthermore, the one-year house appreciation rate in Lehigh is 14.09%, compared to 8.27% nationally. This indicates that house prices are rising quickly and could make it a worthwhile investment for anyone looking to purchase property in this area.
The median home cost in Lehigh County is $284,100. Home appreciation the last 10 years has been 74.4%. Home Appreciation in Lehigh County is up 16.9%.
Average Age of Homes
- The median age of Lehigh County real estate is 50 years old
The Rental Market in Lehigh County
- Renters make up 30.9% of the Lehigh County population
- 1.3% of houses and apartments in Lehigh 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.