The median value of housing in 16229 Freeport, PA is $187,300, which is significantly lower than the US median house value of $338,100. The US experienced a 1 year house appreciation rate of 8.27%, while the appreciation rate for houses in 16229 Freeport was lower at 7.43%. Despite the lower appreciation rate, this area is still a great place to invest in real estate due to its affordability and potential for growth.
The median home cost in Freeport (zip 16229) is $187,300. Home appreciation the last 10 years has been 71.5%. Home Appreciation in Freeport (zip 16229) is up 11.0%.
Average Age of Homes
- The median age of Freeport (zip 16229) real estate is 59 years old
The Rental Market in Freeport (zip 16229)
- Renters make up 19.8% of the Freeport (zip 16229) population
- 1.7% of houses and apartments in Freeport (zip 16229), 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.