Zip 16050 (Petrolia, PA) Housing

The housing market in 16050 Petrolia, PA has a median value of $135,300, which is considerably lower than the national US House Median Value of $338,100. However, this does not mean that the area does not offer good investment opportunities as it has experienced a 1 year appreciation rate of 6.05%, which is still quite impressive compared to the national rate of 8.27%. With its relative affordability and steady appreciation rate, 16050 Petrolia, PA can be an attractive option for those looking to invest in real estate.

The median home cost in Petrolia (zip 16050) is $135,300. Home appreciation the last 10 years has been 59.3%. Home Appreciation in Petrolia (zip 16050) is up 9.2%.

Average Age of Homes

- The median age of Petrolia (zip 16050) real estate is 57 years old

The Rental Market in Petrolia (zip 16050)

- Renters make up 14.4% of the Petrolia (zip 16050) population
- 0.0% of houses and apartments in Petrolia (zip 16050), 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	Petrolia, Pennsylvania	United States
	546.0	139,647,020.0
	58	42
	$135,300	$338,100
	9.2%	16.6%
	39.1%	57.0%
	59.3%	101.1%
	$13.07	$10.98
	$1,370	$2,690
	68.9%	57.4%
	14.3%	11.2%
	16.9%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.7%	0.7%
	1.6%	0.4%
	1.6%	3.6%
	10.3%	4.1%
Value of Owner-Occupied Housing
	2.7%	2.6%
	6.9%	2.4%
	11.7%	2.8%
	9.8%	3.9%
	16.8%	4.5%
	13.3%	11.3%
	13.6%	13.0%
	15.7%	20.1%
	3.7%	13.6%
	1.9%	8.3%
	3.5%	9.7%
	0.5%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.0%	13.6%
	4.0%	13.6%
	14.8%	13.6%
	9.5%	13.2%
	8.6%	14.8%
	14.8%	13.6%
	10.4%	10.0%
	9.5%	4.7%
	25.3%	12.2%

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