The housing market in 19027 Elkins Park, PA is thriving with a median value of $363,700. This is slightly higher than the US House Median Value of $338,100. The appreciation rate for the housing market in Elkins Park has also been on the rise over the past year, standing at 11.01% compared to 8.27% in the rest of the US. This is indicative of a healthy local economy and increasingly desirable real estate market, making it an attractive option for potential homebuyers and investors.
The median home cost in Elkins Park (zip 19027) is $363,700. Home appreciation the last 10 years has been 64.0%. Home Appreciation in Elkins Park (zip 19027) is up 12.4%.
Average Age of Homes
- The median age of Elkins Park (zip 19027) real estate is 62 years old
The Rental Market in Elkins Park (zip 19027)
- Renters make up 34.3% of the Elkins Park (zip 19027) population
- 2.1% of houses and apartments in Elkins Park (zip 19027), 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.