Easton (Cambridge), PA

Population: 27,039
Average annual home appreciation rate: 5.77%
Total of homes for sale in this market: 449
Median home price: $121,482
Median Rent: $722 per room
Home price range: 47.23% of homes are between $89,001 – $178,000
Median sales price: $167,950
Number of homes: 250
Median foreclosure sales price: $87,000
Foreclosure discount: 48%
Most common home type: 33.72% of homes are ROWHOUSES AND ATTACHED HOMES
Number of vacant homes: 13.14%
Number of renters: 49.31%
Number of owner occupied: 50.69%
Number people living below poverty level: 22.47%
Unemployment rate: 7.60%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Easton 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.

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