The housing market in Wilkes-Barre, PA (18701) is a great opportunity for both buyers and sellers. The median value of homes in this area is $165,600, which is much lower than the national median value of $338,100. Additionally, the 1 year appreciation rate in this area is 14.98%, which is significantly higher than the national appreciation rate of 8.27%. This suggests that investing in Wilkes-Barre real estate can be a lucrative endeavor. With these compelling numbers, it's no wonder why so many people are choosing Wilkes-Barre as their home!
The median home cost in Wilkes-Barre (zip 18701) is $165,600. Home appreciation the last 10 years has been 54.9%. Home Appreciation in Wilkes-Barre (zip 18701) is up 17.7%.
Average Age of Homes
- The median age of Wilkes-Barre (zip 18701) real estate is 54 years old
The Rental Market in Wilkes-Barre (zip 18701)
- Renters make up 73.3% of the Wilkes-Barre (zip 18701) population
- 0.0% of houses and apartments in Wilkes-Barre (zip 18701), 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.