17236 Mercersburg, PA is an ideal housing market for those looking to invest in real estate. The median value of a house in this area is $246,400, significantly lower than the US median house value of $338,100. In addition, the 1 year appreciation rate in 17236 Mercersburg is 15.01%, which is higher than the US 1 year appreciation rate of 8.27%. Therefore, investing in housing in 17236 Mercersburg can be a great long-term investment due to its low cost and high appreciation potential.
The median home cost in Mercersburg (zip 17236) is $246,400. Home appreciation the last 10 years has been 58.3%. Home Appreciation in Mercersburg (zip 17236) is up 18.0%.
Average Age of Homes
- The median age of Mercersburg (zip 17236) real estate is 45 years old
The Rental Market in Mercersburg (zip 17236)
- Renters make up 23.8% of the Mercersburg (zip 17236) population
- 0.7% of houses and apartments in Mercersburg (zip 17236), 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.