King of Prussia, Pa

Population: 20,107
Average annual home appreciation rate: 6.77%
Total of homes for sale in this market: 19
Median home price: $303,824
Median Rent: $1,302
Home price range: 34.63% of homes are between $205,001 – $307,000
Median sales price: $235,000
Number of homes: 31
Median foreclosure sales price: $120,000
Foreclosure discount: 48.9%
Most common home type: 47.04% of homes are single family detached
Number of vacant homes: 4.90%
Number of renters: 41.96%
Number of owner occupied: 58.04%
Number people living below poverty level: 7.03%
Unemployment rate: 3.60%
Is this area perfect for real estate deals going on right now?

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