The housing median value in the Warren, PA Metro Area is $120,800, which is significantly lower than the US House Median Value of $338,100. The US 1 year House Appreciation rate was 8.27%, while the 1 year appreciation rate in Warren, PA Metro Area was 6.93%. This suggests that the housing market in Warren is slightly lagging behind the national market in terms of its appreciation rate. However, for potential home buyers looking to invest in Warren and its surrounding areas, this may offer an opportunity for a good return on investment as prices are still relatively low.
The median home cost in Warren Metro Area is $120,800. Home appreciation the last 10 years has been 51.8%. Home Appreciation in Warren Metro Area is up 14.2%.
Average Age of Homes
- The median age of Warren Metro Area real estate is 58 years old
The Rental Market in Warren Metro Area
- Renters make up 16.6% of the Warren Metro Area population
- 1.0% of houses and apartments in Warren 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.