King of Prussia, PA

Population: 19,936
Average annual home appreciation rate: 4.70%
Total of homes for sale in this market: 35
Median home price: $300,683
Median Rent: $1,193 per room
Home price range: 34.63% of homes are between $203,001 – $304,000
Median sales price: $257,500
Number of homes: 31
Median foreclosure sales price: $2,604
Foreclosure discount: 99%
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: 4.30%
Is this area perfect for real estate deals going on right now? Historically speaking, the value of the properties owned personally, and by investors have steadily increased for the past decade. With this knowlege it could be the right place for the savvy buy and hold investor.

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