Zip 16023 (Cabot, PA) Housing

The housing in 16023 Cabot, PA is quite affordable compared to the US House Median value of $338,100. The Housing Median Value in Cabot is $238,000 which is significantly lower than the US median. The past one year house appreciation rate in Cabot was 6.05% compared to 8.27% of the US. This indicates that while the real estate market in this zipcode may not be appreciating as fast it still offers great value for prospective homeowners looking for more affordable options.

The median home cost in Cabot (zip 16023) is $238,000. Home appreciation the last 10 years has been 59.3%. Home Appreciation in Cabot (zip 16023) is up 9.2%.

Average Age of Homes

- The median age of Cabot (zip 16023) real estate is 32 years old

The Rental Market in Cabot (zip 16023)

- Renters make up 27.3% of the Cabot (zip 16023) population
- 0.0% of houses and apartments in Cabot (zip 16023), 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	Cabot, Pennsylvania	United States
	1,857.0	139,647,020.0
	35	42
	$238,000	$338,100
	9.2%	16.6%
	39.1%	57.0%
	59.3%	101.1%
	$9.97	$10.98
	$2,177	$2,690
	64.6%	57.4%
	8.5%	11.2%
	26.9%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	2.7%	3.6%
	5.8%	4.1%
Value of Owner-Occupied Housing
	6.0%	2.6%
	3.6%	2.4%
	1.1%	2.8%
	1.2%	3.9%
	2.5%	4.5%
	8.4%	11.3%
	18.8%	13.0%
	32.4%	20.1%
	20.3%	13.6%
	1.8%	8.3%
	2.3%	9.7%
	0.0%	3.9%
	1.6%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	18.1%	13.6%
	18.1%	13.6%
	19.5%	13.6%
	10.2%	13.2%
	10.4%	14.8%
	19.5%	13.6%
	4.2%	10.0%
	3.6%	4.7%
	18.0%	12.2%

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