The housing in 16148 Hermitage, PA is quite attractive. The median value of houses there is $184,500, which is much lower than the US House Median Value of $338,100. Furthermore, the 1 year House Appreciation in 16148 Hermitage, PA is 10.29%, which is higher than the US 1 year House Appreciation of 8.27%. These factors make it an ideal location for those looking to invest in real estate or purchase a home. With high appreciation and a relatively low median value compared to other places in the US, 16148 Hermitage, PA makes for an excellent choice when it comes to housing options.
The median home cost in Hermitage (zip 16148) is $184,500. Home appreciation the last 10 years has been 57.9%. Home Appreciation in Hermitage (zip 16148) is up 15.7%.
Average Age of Homes
- The median age of Hermitage (zip 16148) real estate is 50 years old
The Rental Market in Hermitage (zip 16148)
- Renters make up 23.8% of the Hermitage (zip 16148) population
- 1.1% of houses and apartments in Hermitage (zip 16148), 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.