Zip 16112 (Bessemer, PA) Housing

The housing market in 16112 Bessemer, PA is an attractive option for potential home buyers. The median value of homes in this area is $118,400, which is significantly lower than the US median house value of $338,100. In addition to the lower price point, the one year house appreciation rate for this area was 10.29%, which is higher than the national average of 8.27%. This makes 16112 Bessemer, PA a great choice for people looking to invest in real estate or purchase a home.

The median home cost in Bessemer (zip 16112) is $118,400. Home appreciation the last 10 years has been 57.9%. Home Appreciation in Bessemer (zip 16112) is up 15.7%.

Average Age of Homes

- The median age of Bessemer (zip 16112) real estate is 66 years old

The Rental Market in Bessemer (zip 16112)

- Renters make up 23.9% of the Bessemer (zip 16112) population
- 2.1% of houses and apartments in Bessemer (zip 16112), 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	Bessemer, Pennsylvania	United States
	672.0	139,647,020.0
	67	42
	$118,400	$338,100
	15.7%	16.6%
	43.6%	57.0%
	57.9%	101.1%
	$12.12	$10.98
	$1,442	$2,690
	79.6%	57.4%
	10.6%	11.2%
	9.8%	31.4%
Vacant Housing
	2.1%	1.9%
	2.1%	0.4%
	0.0%	0.7%
	1.3%	0.4%
	0.0%	3.6%
	5.1%	4.1%
Value of Owner-Occupied Housing
	0.6%	2.6%
	5.0%	2.4%
	6.4%	2.8%
	15.7%	3.9%
	16.1%	4.5%
	21.5%	11.3%
	12.7%	13.0%
	16.1%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	6.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	0.6%	13.6%
	0.6%	13.6%
	1.5%	13.6%
	1.0%	13.2%
	20.1%	14.8%
	1.5%	13.6%
	16.8%	10.0%
	14.7%	4.7%
	28.9%	12.2%

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