Zip 15724 (Cherry Tree, PA) Housing

The housing in 15724 Cherry Tree, PA is very attractive for potential home buyers and investors. The median value of housing in the area is $107,600, which is significantly lower than the US house median value of $338,100. Even better, the appreciation rate of homes in Cherry Tree has been over 10% in the past year, higher than the national average of 8.27%. These factors make Cherry Tree an ideal community for those looking to purchase a home or invest in real estate in the area.

The median home cost in Cherry Tree (zip 15724) is $107,600. Home appreciation the last 10 years has been 51.5%. Home Appreciation in Cherry Tree (zip 15724) is up 14.3%.

Average Age of Homes

- The median age of Cherry Tree (zip 15724) real estate is 46 years old

The Rental Market in Cherry Tree (zip 15724)

- Renters make up 12.7% of the Cherry Tree (zip 15724) population
- 0.0% of houses and apartments in Cherry Tree (zip 15724), 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	Cherry Tree, Pennsylvania	United States
	986.0	139,647,020.0
	64	42
	$107,600	$338,100
	14.3%	16.6%
	43.1%	57.0%
	51.5%	101.1%
	$13.82	$10.98
	$1,335	$2,690
	75.4%	57.4%
	13.2%	11.2%
	11.5%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	4.3%	0.7%
	0.0%	0.4%
	5.7%	3.6%
	3.2%	4.1%
Value of Owner-Occupied Housing
	8.5%	2.6%
	5.7%	2.4%
	10.4%	2.8%
	8.5%	3.9%
	21.5%	4.5%
	20.9%	11.3%
	11.0%	13.0%
	9.6%	20.1%
	1.3%	13.6%
	0.8%	8.3%
	0.0%	9.7%
	1.2%	3.9%
	0.7%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.5%	13.6%
	8.5%	13.6%
	10.3%	13.6%
	8.2%	13.2%
	15.5%	14.8%
	10.3%	13.6%
	8.1%	10.0%
	9.0%	4.7%
	35.0%	12.2%

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