According to statistics, the population in Old Forge, PA amounts to 8,090, which shows decline -1% compared to the previous year. The median age of the city’s residents is 48. The average household income is $49,183, shifting growth 4% from the past year, and the average property value in Old Forge, PA growth 7% to $153,700 throughout the year.
|Number Of Employees||3,983|
|Median Property Value||$153,700|
The average household income in Old Forge, PA grew from $47,151 to $49,183 in the past year. This data is an estimate based upon 3,759 households in Old Forge, PA . The chart below presents how household income is distributed in Old Forge, PA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Old Forge, PA shifted from $143,500 to $153,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Old Forge, PA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Old Forge, PA properties falls in the '$200,000 to $249,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Old Forge, PA compared to median property taxes around the country. The prevalent amount of property taxes in Old Forge, PA equals $3000, which is less than the national average.
|Apartment Size||Aug||vs Last Month|
|Studio for sale||$104,900||N/A|
|1 bed for sale||$118,333||+39.2%|
|2 bed for sale||$120,000||-22.6%|
|3 bed for sale||$267,781||+52%|
|4+ bed for sale||$126,828||-56.4%|
During Aug 2022, the average price for an apartment in/near Old Forge, PA decreased by 15.1% to $186,132.
After collecting all data points, we now see that the average price for 1-bed apartment increased by 39.2% to $118,333. Asking price for 2-bed apartment also decreased by 22.6% and a place of this size will now cost you $120,000. A 3-bed apartment goes for $267,781, it increased by 52% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 56.4% and made it down to $126,828.
|Listing Type||Aug||vs Last Month|
|Houses for sale||$208,280||-8.3%|
|Land for sale||$37,400||-62.2%|
|Townhouses for sale||$154,000||N/A|
|Apartments for sale||$104,900||N/A|
While assessing the property pricing Old Forge, PA, you can note that it remains flat with a price tag of $104,900. Price reports demonstrate that house price decreased by 8.3% this month making it up to $208,280. Value of the townhouses didn’t change, the price still starts at $154,000.