The housing market in Fredonia, PA is thriving with a median value of $162,500. This is substantially lower than the US median value of $338,100 and reflects the overall affordability of this area. Despite being lower than the national average, house appreciation in Fredonia has been strong at 10.29%, outpacing the US 1 year house appreciation rate of 8.27%. This data shows a consistent growth trend in the local housing market that makes now an excellent time to invest in property in Fredonia.
The median home cost in Fredonia (zip 16124) is $162,500. Home appreciation the last 10 years has been 57.9%. Home Appreciation in Fredonia (zip 16124) is up 15.7%.
Average Age of Homes
- The median age of Fredonia (zip 16124) real estate is 59 years old
The Rental Market in Fredonia (zip 16124)
- Renters make up 15.7% of the Fredonia (zip 16124) population
- 1.8% of houses and apartments in Fredonia (zip 16124), 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.