The housing market in 16922 Galeton, PA is thriving right now. The median value of a house in this area is $117,200 according to the latest data, which is significantly lower than the US House Median Value of $338,100. Despite the lower median value compared to other parts of the country, homes in Galeton have actually appreciated faster than most other places over the past year, with a 1 year appreciation rate of 10.35%, compared to 8.27% across the United States on average. This is good news for home buyers and sellers alike - buyers should find more affordable prices here than elsewhere while sellers should benefit from higher appreciation rates in this desirable location.
The median home cost in Galeton (zip 16922) is $117,200. Home appreciation the last 10 years has been 51.5%. Home Appreciation in Galeton (zip 16922) is up 14.3%.
Average Age of Homes
- The median age of Galeton (zip 16922) real estate is 52 years old
The Rental Market in Galeton (zip 16922)
- Renters make up 11.5% of the Galeton (zip 16922) population
- 0.0% of houses and apartments in Galeton (zip 16922), 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.