The housing market in 18421 Forest City, PA is strong. The median value for a home is $150,600, which is significantly lower than the national median of $338,100. Despite the lower cost of living, the 1 year house appreciation rate in Forest City is 9.37%, slightly higher than the national appreciation rate of 8.27%. This indicates that despite its affordable price point, homes in this area are still increasing in value over time, making it an excellent place to invest in real estate.
The median home cost in Forest City (zip 18421) is $150,600. Home appreciation the last 10 years has been 56.9%. Home Appreciation in Forest City (zip 18421) is up 15.2%.
Average Age of Homes
- The median age of Forest City (zip 18421) real estate is 63 years old
The Rental Market in Forest City (zip 18421)
- Renters make up 23.7% of the Forest City (zip 18421) population
- 0.9% of houses and apartments in Forest City (zip 18421), 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.