The housing market in Ellwood City, PA is thriving. With a median value of $131,000, it's significantly lower than the US median value of $338,100. This difference allows for more affordable housing options than the national average. What's more encouraging is that the appreciation rate for homes in Ellwood City has been higher than the national average at 10.29%, compared to 8.27%. This means that real estate investments made here could be very profitable over time. It's no wonder why so many people are looking at housing in Ellwood City!
The median home cost in Ellwood City (zip 16117) is $131,000. Home appreciation the last 10 years has been 57.9%. Home Appreciation in Ellwood City (zip 16117) is up 15.7%.
Average Age of Homes
- The median age of Ellwood City (zip 16117) real estate is 65 years old
The Rental Market in Ellwood City (zip 16117)
- Renters make up 23.1% of the Ellwood City (zip 16117) population
- 1.5% of houses and apartments in Ellwood City (zip 16117), 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.