Altoona, PA

Population: 45,796
Average annual home appreciation rate: 7.30%
Total of homes for sale in this market: 178
Median home price: $86,550
Median Rent: $557 per room
Home price range: 47.47% of homes are between $53,001 – $105,000
Median sales price: NO DATA
Number of homes: 6
Median foreclosure sales price: NO DATA
Foreclosure discount: No DATA
Most common home type: 71.93% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 9.46%
Number of renters: 34.88%
Number of owner occupied: 65.12%
Number people living below poverty level: 19.46%
Unemployment rate: 6.10%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Altoona area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

Leave a Reply

Your email address will not be published. Required fields are marked *