Zip 16046 (Mars, PA) Housing

Housing in 16046 Mars, PA is slightly more expensive than the US median value for housing at $441,200 compared to $338,100. The US has seen an appreciation rate of 8.27% in the last year for housing values but in 16046 Mars, PA that rate of appreciation is slightly lower at 6.05%. This suggests that although prices are higher than the national average, they may not appreciate as quickly over time.

The median home cost in Mars (zip 16046) is $441,200. Home appreciation the last 10 years has been 59.3%. Home Appreciation in Mars (zip 16046) is up 9.2%.

Average Age of Homes

- The median age of Mars (zip 16046) real estate is 20 years old

The Rental Market in Mars (zip 16046)

- Renters make up 18.4% of the Mars (zip 16046) population
- 2.1% of houses and apartments in Mars (zip 16046), 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	Mars, Pennsylvania	United States
	7,073.0	139,647,020.0
	21	42
	$441,200	$338,100
	9.2%	16.6%
	39.1%	57.0%
	59.3%	101.1%
	$11.39	$10.98
	$4,581	$2,690
	75.1%	57.4%
	6.1%	11.2%
	18.8%	31.4%
Vacant Housing
	2.1%	1.9%
	0.2%	0.4%
	2.0%	0.7%
	0.0%	0.4%
	0.6%	3.6%
	1.2%	4.1%
Value of Owner-Occupied Housing
	0.3%	2.6%
	0.3%	2.4%
	0.2%	2.8%
	0.2%	3.9%
	0.6%	4.5%
	2.5%	11.3%
	5.0%	13.0%
	18.4%	20.1%
	22.0%	13.6%
	21.4%	8.3%
	15.5%	9.7%
	9.1%	3.9%
	3.9%	2.2%
	0.3%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	27.2%	13.6%
	27.2%	13.6%
	23.6%	13.6%
	7.0%	13.2%
	4.6%	14.8%
	23.6%	13.6%
	2.8%	10.0%
	1.6%	4.7%
	7.8%	12.2%