Zip 16066 (Fernway, PA) Housing

The housing market in 16066 Fernway, PA is quite healthy. The median value of the houses is $374,500 which is slightly higher than the US median value of $338,100. Although the US house appreciation rate for the past year was 8.27%, this number drops to 6.05% when looking at Fernway specifically. This slower appreciation rate could be indicative of a more stable market and may suggest that property owners in this area are less likely to experience drastic changes in their property values.

The median home cost in Fernway (zip 16066) is $374,500. Home appreciation the last 10 years has been 59.3%. Home Appreciation in Fernway (zip 16066) is up 9.2%.

Average Age of Homes

- The median age of Fernway (zip 16066) real estate is 24 years old

The Rental Market in Fernway (zip 16066)

- Renters make up 15.5% of the Fernway (zip 16066) population
- 1.6% of houses and apartments in Fernway (zip 16066), 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	Fernway, Pennsylvania	United States
	13,595.0	139,647,020.0
	26	42
	$374,500	$338,100
	9.2%	16.6%
	39.1%	57.0%
	59.3%	101.1%
	$13.12	$10.98
	$4,298	$2,690
	75.4%	57.4%
	4.0%	11.2%
	20.6%	31.4%
Vacant Housing
	1.6%	1.9%
	0.6%	0.4%
	0.7%	0.7%
	0.0%	0.4%
	0.2%	3.6%
	1.0%	4.1%
Value of Owner-Occupied Housing
	1.7%	2.6%
	0.8%	2.4%
	0.7%	2.8%
	0.4%	3.9%
	0.7%	4.5%
	3.8%	11.3%
	10.7%	13.0%
	23.9%	20.1%
	26.7%	13.6%
	16.2%	8.3%
	12.6%	9.7%
	1.4%	3.9%
	0.2%	2.2%
	0.1%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	21.2%	13.6%
	21.2%	13.6%
	25.2%	13.6%
	14.0%	13.2%
	14.9%	14.8%
	25.2%	13.6%
	3.2%	10.0%
	0.2%	4.7%
	1.5%	12.2%