The housing median value in 16861 New Millport, PA is $256,100, which is significantly lower than the US House Median Value of $338,100. However, the 1 year house appreciation rate in 16861 New Millport PA is 10.39%, much higher than the US average of 8.27%. This suggests that despite having a lower median price, housing in 16861 New Millport PA has been appreciating at a faster rate than other parts of the country. As such it may be an attractive market for investors and homeowners alike.
The median home cost in New Millport (zip 16861) is $256,100. Home appreciation the last 10 years has been 54.0%. Home Appreciation in New Millport (zip 16861) is up 6.4%.
Average Age of Homes
- The median age of New Millport (zip 16861) real estate is 44 years old
The Rental Market in New Millport (zip 16861)
- Renters make up 5.3% of the New Millport (zip 16861) population
- 0.0% of houses and apartments in New Millport (zip 16861), 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.