The housing market in 15748 Homer City, PA is currently thriving. The median value of a house in this area is $133,300, which is much lower than the US median value of $338,100. Furthermore, the 1 year house appreciation rate for this particular area is 10.35%, which is higher than the US average of 8.27% indicating that the market here is growing and real estate values are increasing. Consequently, now may be an excellent time to consider investing in the real estate market in Homer City for those who are looking to make a long-term financial commitment.
The median home cost in Homer City (zip 15748) is $133,300. Home appreciation the last 10 years has been 51.5%. Home Appreciation in Homer City (zip 15748) is up 14.3%.
Average Age of Homes
- The median age of Homer City (zip 15748) real estate is 55 years old
The Rental Market in Homer City (zip 15748)
- Renters make up 16.3% of the Homer City (zip 15748) population
- 0.0% of houses and apartments in Homer City (zip 15748), 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.