The housing market in the Meadville, PA Metro Area is very competitive. With a median value of $135,800, it is significantly lower than the national average of $338,100. Despite this difference, the one year house appreciation rate for the Meadville area is 8.77%, which is slightly higher than the US average of 8.27%. This indicates that housing prices in Meadville are on an upward trend and could be a great investment opportunity for potential buyers.
The median home cost in Meadville Metro Area is $135,800. Home appreciation the last 10 years has been 53.0%. Home Appreciation in Meadville Metro Area is up 14.0%.
Average Age of Homes
- The median age of Meadville Metro Area real estate is 53 years old
The Rental Market in Meadville Metro Area
- Renters make up 20.2% of the Meadville Metro Area population
- 1.3% of houses and apartments in Meadville Metro Area, 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.