Zip 16402 (Bear Lake, PA) Housing

The housing market in 16402 Bear Lake, PA is reasonably priced compared to the national average. The median value of a home in the area is $126,200, whereas the US median value is $338,100. Although the US house appreciation rate over the last year has been 8.27%, the appreciation rate in 16402 Bear Lake, PA has been 6.70%. This indicates that real estate prices are relatively low and may provide an opportunity for buyers looking for affordable properties in this particular region.

The median home cost in Bear Lake (zip 16402) is $126,200. Home appreciation the last 10 years has been 55.4%. Home Appreciation in Bear Lake (zip 16402) is up 13.4%.

Average Age of Homes

- The median age of Bear Lake (zip 16402) real estate is 50 years old

The Rental Market in Bear Lake (zip 16402)

- Renters make up 8.9% of the Bear Lake (zip 16402) population
- 0.0% of houses and apartments in Bear Lake (zip 16402), 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	Bear Lake, Pennsylvania	United States
	345.0	139,647,020.0
	51	42
	$126,200	$338,100
	13.4%	16.6%
	44.9%	57.0%
	55.4%	101.1%
	$15.20	$10.98
	$1,524	$2,690
	72.8%	57.4%
	20.0%	11.2%
	7.2%	31.4%
Vacant Housing
	0.0%	1.9%
	0.6%	0.4%
	0.0%	0.7%
	2.9%	0.4%
	9.0%	3.6%
	7.5%	4.1%
Value of Owner-Occupied Housing
	2.4%	2.6%
	13.1%	2.4%
	9.6%	2.8%
	13.9%	3.9%
	4.8%	4.5%
	23.5%	11.3%
	10.0%	13.0%
	13.9%	20.1%
	5.6%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	3.2%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	1.7%	13.6%
	1.7%	13.6%
	11.0%	13.6%
	15.7%	13.2%
	22.0%	14.8%
	11.0%	13.6%
	7.2%	10.0%
	3.5%	4.7%
	28.7%	12.2%

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