The housing market in Herminie, PA is doing very well. The median value of homes in the area is currently $114,000, which is significantly lower than the US median value of $338,100. Additionally, the one year house appreciation rate for Herminie is 9.73%, higher than the US rate of 8.27%. This indicates that home values in Herminie are increasing quickly and will continue to do so in the near future. It's a great time to invest in real estate in Herminie if you're looking for a high return.
The median home cost in Herminie is $114,000. Home appreciation the last 10 years has been 54.0%. Home Appreciation in Herminie is up 10.4%.
Average Age of Homes
- The median age of Herminie real estate is 76 years old
The Rental Market in Herminie
- Renters make up 25.5% of the Herminie population
- 21.3% of houses and apartments in Herminie, 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.