In Prospect Park, Pennsylvania, the median value of housing is $256,400. This is significantly lower than the US House median value of $338,100. However, over the last year Prospect Park has experienced an 11.01% house appreciation rate which is higher than the US 1 year house appreciation rate of 8.27%. This indicates that Prospect Park has had a healthier housing market than other parts of the country and is a great place to invest in real estate.
The median home cost in Prospect Park (zip 19076) is $256,400. Home appreciation the last 10 years has been 64.0%. Home Appreciation in Prospect Park (zip 19076) is up 12.4%.
Average Age of Homes
- The median age of Prospect Park (zip 19076) real estate is 67 years old
The Rental Market in Prospect Park (zip 19076)
- Renters make up 35.6% of the Prospect Park (zip 19076) population
- 3.6% of houses and apartments in Prospect Park (zip 19076), 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.