The housing market in Luzerne County, Pennsylvania is showing strong appreciation. The median value of a house in the county stands at $167,000, which is lower than the US median value of $338,100. Over the last year, house values have appreciated by 12.85%, significantly higher than the US average of 8.27%. This makes Luzerne County an attractive option for those looking to purchase their own home or invest in real estate.
The median home cost in Luzerne County is $167,000. Home appreciation the last 10 years has been 57.8%. Home Appreciation in Luzerne County is up 17.4%.
Average Age of Homes
- The median age of Luzerne County real estate is 62 years old
The Rental Market in Luzerne County
- Renters make up 28.0% of the Luzerne County population
- 1.4% of houses and apartments in Luzerne 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.