The housing market in Commodore, PA is on the rise. The median value of a home in Commodore is $117,400, which is considerably lower than the US median value of $338,100. In the past year, the value of homes in Commodore has appreciated by 10.35%, higher than the national average appreciation rate of 8.27%. This increase in value may be due to low mortgage rates and a healthy economy that are stimulating demand for real estate in the area. With this trend continuing, it looks like now is a great time to purchase property in Commodore.
The median home cost in Commodore is $117,400. Home appreciation the last 10 years has been 51.5%. Home Appreciation in Commodore is up 14.3%.
Average Age of Homes
- The median age of Commodore real estate is 78 years old
The Rental Market in Commodore
- Renters make up 37.9% of the Commodore population
- 0.0% of houses and apartments in Commodore, 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.