The housing market in 18914 Chalfont, PA is thriving. The median value of a home in this area is $518,300, while the median value of a home in the United States is $338,100. This shows that housing values in Chalfont are significantly higher than the average across the US. Furthermore, over the past year, the appreciation rate for housing values in Chalfont has been 11.14%, more than double the national US appreciation rate of 8.27%. Clearly this area is a desirable place to live and investments in real estate are likely to remain strong for the foreseeable future.
The median home cost in Chalfont (zip 18914) is $518,300. Home appreciation the last 10 years has been 58.3%. Home Appreciation in Chalfont (zip 18914) is up 13.9%.
Average Age of Homes
- The median age of Chalfont (zip 18914) real estate is 32 years old
The Rental Market in Chalfont (zip 18914)
- Renters make up 11.1% of the Chalfont (zip 18914) population
- 0.7% of houses and apartments in Chalfont (zip 18914), 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.