Housing in 15437 Farmington, PA is quite affordable compared to the national average. The median value of a home in this area is $193,900, significantly lower than the national median of $338,100. This makes this area an attractive option for potential homebuyers looking for a more affordable option. Despite being lower than the overall US median, homes in 15437 Farmington have still seen significant appreciation over the course of one year, with a rate of 7.43%, which is only slightly lower than the national rate of 8.27%. With its relatively low cost and steady appreciation rate, 15437 Farmington may be an ideal place to purchase a home for those looking for affordability and stability.
The median home cost in Farmington (zip 15437) is $193,900. Home appreciation the last 10 years has been 71.5%. Home Appreciation in Farmington (zip 15437) is up 11.0%.
Average Age of Homes
- The median age of Farmington (zip 15437) real estate is 45 years old
The Rental Market in Farmington (zip 15437)
- Renters make up 16.0% of the Farmington (zip 15437) population
- 4.6% of houses and apartments in Farmington (zip 15437), 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.