Zip 16052 (Prospect, PA) Housing

The housing in 16052 Prospect, PA has a median value of $243,000, which is significantly lower than the median value of housing in the US at $338,100. The US housing market had an appreciation rate of 8.27% over the course of the past year while Prospect only had an appreciation rate of 6.05%. This indicates that the housing market in Prospect is not appreciating as quickly as the national average. Nonetheless, Prospect still remains an attractive option for buyers looking for affordable homes.

The median home cost in Prospect (zip 16052) is $243,000. Home appreciation the last 10 years has been 59.3%. Home Appreciation in Prospect (zip 16052) is up 9.2%.

Average Age of Homes

- The median age of Prospect (zip 16052) real estate is 42 years old

The Rental Market in Prospect (zip 16052)

- Renters make up 10.9% of the Prospect (zip 16052) population
- 0.0% of houses and apartments in Prospect (zip 16052), 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	Prospect, Pennsylvania	United States
	1,005.0	139,647,020.0
	37	42
	$243,000	$338,100
	9.2%	16.6%
	39.1%	57.0%
	59.3%	101.1%
	$13.34	$10.98
	$2,311	$2,690
	84.0%	57.4%
	9.0%	11.2%
	7.1%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.6%	0.7%
	0.9%	0.4%
	0.0%	3.6%
	6.5%	4.1%
Value of Owner-Occupied Housing
	4.5%	2.6%
	5.9%	2.4%
	1.7%	2.8%
	2.5%	3.9%
	4.4%	4.5%
	22.7%	11.3%
	15.3%	13.0%
	16.7%	20.1%
	17.1%	13.6%
	5.5%	8.3%
	2.8%	9.7%
	0.0%	3.9%
	0.9%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	15.3%	13.6%
	15.3%	13.6%
	18.5%	13.6%
	19.9%	13.2%
	11.8%	14.8%
	18.5%	13.6%
	10.1%	10.0%
	2.9%	4.7%
	10.3%	12.2%

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