Zip 16245 (Oak Ridge, PA) Housing

The housing market in 16245 Oak Ridge, PA is a great place to consider investing in. The median value of housing is $81,400, which is much lower than the U.S. house median value of $338,100. Despite this discrepancy in value, there was still an overall appreciation of 7.43% in the past year, which was only slightly less than the US 1 year house appreciation rate of 8.27%.

The median home cost in Oak Ridge (zip 16245) is $81,400. Home appreciation the last 10 years has been 71.5%. Home Appreciation in Oak Ridge (zip 16245) is up 11.0%.

Average Age of Homes

- The median age of Oak Ridge (zip 16245) real estate is 78 years old

The Rental Market in Oak Ridge (zip 16245)

- Renters make up 7.4% of the Oak Ridge (zip 16245) population
- 0.0% of houses and apartments in Oak Ridge (zip 16245), 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	Oak Ridge, Pennsylvania	United States
	128.0	139,647,020.0
	81	42
	$81,400	$338,100
	11.0%	16.6%
	45.4%	57.0%
	71.5%	101.1%
	$17.47	$10.98
	$879	$2,690
	64.1%	57.4%
	3.1%	11.2%
	32.8%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	3.1%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	12.2%	2.4%
	52.4%	2.8%
	14.6%	3.9%
	20.7%	4.5%
	0.0%	11.3%
	0.0%	13.0%
	0.0%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	0.0%	13.6%
	0.0%	13.6%
	10.9%	13.6%
	4.7%	13.2%
	10.2%	14.8%
	10.9%	13.6%
	17.2%	10.0%
	3.1%	4.7%
	50.0%	12.2%

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