The housing market in 16511 Lawrence Park, PA is quite attractive compared to the US median value. The median value of a house in this area is $149,600, which is almost half of the median value at the national level. Though the one-year appreciation rate for houses in this area is 4.92%, which is lower than the national average of 8.27%, it still reflects a positive appreciation rate that could be beneficial for homeowners looking to increase their home's equity.
The median home cost in Lawrence Park (zip 16511) is $149,600. Home appreciation the last 10 years has been 55.4%. Home Appreciation in Lawrence Park (zip 16511) is up 15.2%.
Average Age of Homes
- The median age of Lawrence Park (zip 16511) real estate is 61 years old
The Rental Market in Lawrence Park (zip 16511)
- Renters make up 28.2% of the Lawrence Park (zip 16511) population
- 1.2% of houses and apartments in Lawrence Park (zip 16511), 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.