The housing market in 16601 Altoona, PA is showing strong appreciation compared to the national average. The median value of housing units in 16601 Altoona, PA is $125,700 while the US median value is $338,100. As of today, the US 1 year house appreciation rate stands at 8.27%, however, within 16601 Altoona, PA the 1 year house appreciation rate is 13.94%. This suggests that the housing market in this area is seeing faster growth and a potential increase in demand for real estate.
The median home cost in Altoona (zip 16601) is $125,700. Home appreciation the last 10 years has been 37.0%. Home Appreciation in Altoona (zip 16601) is up 6.9%.
Average Age of Homes
- The median age of Altoona (zip 16601) real estate is 68 years old
The Rental Market in Altoona (zip 16601)
- Renters make up 27.3% of the Altoona (zip 16601) population
- 2.0% of houses and apartments in Altoona (zip 16601), 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.