The housing market in 15436 Fairchance, PA is growing at a steady rate. The median value of homes in the area is $113,000, which is significantly lower than the national median house value of $338,100. While the rate of appreciation for the US housing market over the course of one year was 8.27%, 15436 Fairchance has seen a slightly lesser 7.43% appreciation over the same time period. This difference indicates that while housing prices in this area are on the rise, they may not be increasing as fast as in other parts of the country. However, given its affordable cost and potential for growth, 15436 Fairchance could be an excellent option for those looking to invest in real estate or purchase a home at an affordable price.
The median home cost in Fairchance (zip 15436) is $113,000. Home appreciation the last 10 years has been 71.5%. Home Appreciation in Fairchance (zip 15436) is up 11.0%.
Average Age of Homes
- The median age of Fairchance (zip 15436) real estate is 60 years old
The Rental Market in Fairchance (zip 15436)
- Renters make up 24.6% of the Fairchance (zip 15436) population
- 1.6% of houses and apartments in Fairchance (zip 15436), 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.