The housing market in Port Allegany, PA is doing very well compared to the rest of the country. The median value for a home in Port Allegany is $92,300 which is much less than the US median value of $338,100. Furthermore, the 1 year house appreciation rate in Port Allegany has grown by 10.35%, more than double the national average of 8.27%. This shows that there has been a lot of investment into homes in Port Allegany recently which bodes well for homeowners and potential buyers alike.
The median home cost in Port Allegany is $92,300. Home appreciation the last 10 years has been 51.5%. Home Appreciation in Port Allegany is up 14.3%.
Average Age of Homes
- The median age of Port Allegany real estate is 74 years old
The Rental Market in Port Allegany
- Renters make up 33.5% of the Port Allegany population
- 1.2% of houses and apartments in Port Allegany, 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.