Zip 16602 (Altoona, PA) Housing

Housing in 16602 Altoona, PA is significantly cheaper than the national average. The median value for a house in 16602 Altoona is $113,500 while the national median value for a home is $338,100. In addition to being more affordable, housing prices in Altoona have also appreciated much faster over the past year. The US housing appreciation rate was 8.27%, while houses in 16602 Altoona have appreciated 13.94% over the same period of time. Considering these factors, it appears that 16602 Altoona is an excellent place to invest in real estate.

The median home cost in Altoona (zip 16602) is $113,500. Home appreciation the last 10 years has been 37.0%. Home Appreciation in Altoona (zip 16602) is up 6.9%.

Average Age of Homes

- The median age of Altoona (zip 16602) real estate is 66 years old

The Rental Market in Altoona (zip 16602)

- Renters make up 26.7% of the Altoona (zip 16602) population
- 1.7% of houses and apartments in Altoona (zip 16602), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Altoona, Pennsylvania	United States
	13,255.0	139,647,020.0
	73	42
	$113,500	$338,100
	6.9%	16.6%
	28.1%	57.0%
	37.0%	101.1%
	$11.59	$10.98
	$1,232	$2,690
	56.8%	57.4%
	11.8%	11.2%
	31.3%	31.4%
Vacant Housing
	1.7%	1.9%
	0.2%	0.4%
	1.2%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	8.7%	4.1%
Value of Owner-Occupied Housing
	3.8%	2.6%
	5.7%	2.4%
	8.9%	2.8%
	15.7%	3.9%
	12.6%	4.5%
	22.4%	11.3%
	16.1%	13.0%
	10.3%	20.1%
	3.5%	13.6%
	0.6%	8.3%
	0.2%	9.7%
	0.1%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.3%	13.6%
	3.3%	13.6%
	4.2%	13.6%
	4.5%	13.2%
	13.8%	14.8%
	4.2%	13.6%
	13.1%	10.0%
	10.0%	4.7%
	41.7%	12.2%

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