Zip 16823 (Bellefonte, PA) Housing


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The housing market in 16823 Bellefonte, PA is a great investment opportunity for potential buyers. The median value of housing in this area is $263,700, which is significantly lower than the US house median value of $338,100. However, what makes this an even more attractive option is that the 1 year house appreciation in Bellefonte, PA was 10.39%, which is much higher than the US house appreciation of 8.27%. It's clear that investing in a home in this area would be beneficial with potential buyers sure to gain financial return on their investment in the future.

The median home cost in Bellefonte (zip 16823) is $263,700. Home appreciation the last 10 years has been 54.0%. Home Appreciation in Bellefonte (zip 16823) is up 6.4%.

Average Age of Homes
- The median age of Bellefonte (zip 16823) real estate is 42 years old
The Rental Market in Bellefonte (zip 16823)
- Renters make up 24.4% of the Bellefonte (zip 16823) population
- 0.9% of houses and apartments in Bellefonte (zip 16823), 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

  HousingBellefonte, PennsylvaniaUnited States
  11,759.0139,647,020.0
  4242
  $263,700$338,100
  6.4%16.6%
  34.1%57.0%
  54.0%101.1%
  $13.15$10.98
  $2,845$2,690
  67.7%57.4%
  5.4%11.2%
  27.0%31.4%
  Vacant Housing
  0.9%1.9%
  0.3%0.4%
  0.5%0.7%
  0.0%0.4%
  2.0%3.6%
  1.7%4.1%
  Value of Owner-Occupied Housing
  3.8%2.6%
  3.2%2.4%
  1.2%2.8%
  1.8%3.9%
  2.1%4.5%
  6.6%11.3%
  25.5%13.0%
  31.4%20.1%
  15.7%13.6%
  4.6%8.3%
  2.7%9.7%
  0.3%3.9%
  0.2%2.2%
  0.2%0.8%
  0.5%1.1%
  Housing Units by Year Structure Built
  0.3%0.2%
  17.3%13.6%
  17.3%13.6%
  10.5%13.6%
  13.2%13.2%
  11.2%14.8%
  10.5%13.6%
  10.0%10.0%
  1.7%4.7%
  21.4%12.2%
Commute

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