Newburg, Pennsylvania has a median housing value of $278,600, which is significantly lower than the US median of $338,100. However, Newburg homes have seen much greater appreciation over the past year with an increase of 15.01%, compared to 8.27% for the US as a whole. This indicates that Newburg may be a good place to invest in housing right now; prices are still comparatively low while appreciation potential remains strong.
The median home cost in Newburg (zip 17240) is $278,600. Home appreciation the last 10 years has been 58.3%. Home Appreciation in Newburg (zip 17240) is up 18.0%.
Average Age of Homes
- The median age of Newburg (zip 17240) real estate is 45 years old
The Rental Market in Newburg (zip 17240)
- Renters make up 15.0% of the Newburg (zip 17240) population
- 0.7% of houses and apartments in Newburg (zip 17240), 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.