The housing market in Punxsutawney, PA (15767) is an attractive option for potential home-buyers looking to invest. The median value of a home in the area is currently $116,100 compared to the US median which stands at $338,100 - making it much more accessible for many buyers. Moreover, the one year house appreciation rate in this area is 10.35%, which is higher than the US average of 8.27%. This makes investing in Punxsutawney a viable and potentially lucrative option for those seeking to purchase a home in the foreseeable future.
The median home cost in Punxsutawney (zip 15767) is $116,100. Home appreciation the last 10 years has been 51.5%. Home Appreciation in Punxsutawney (zip 15767) is up 14.3%.
Average Age of Homes
- The median age of Punxsutawney (zip 15767) real estate is 57 years old
The Rental Market in Punxsutawney (zip 15767)
- Renters make up 23.3% of the Punxsutawney (zip 15767) population
- 1.4% of houses and apartments in Punxsutawney (zip 15767), 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.