Altoona, PA Federal Housing Finance Agency Home Price Index (FHFA HPI)

According to the Federal Housing Finance Agency house price index, home equity and home prices in Altoona, PA have increased significantly over the past few years. In 2017, the median home value in Altoona was $129,000, which is an increase of nearly 8% from 2016. The median home value in Altoona is now just over $140,000. This increase in value is largely due to the strong economy and low unemployment rate in the area.

Altoona's housing market has been strong for several years now, but there are still some affordable options available for buyers looking to get into the market. There are a number of starter homes and fixer-uppers available for under $100,000. For those looking for something a bit more luxurious, there are also a number of new construction homes being built that offer all of the latest amenities.

The current state of the housing market in Altoona is very healthy. Prices are rising at a steady pace and there is a good selection of homes available for sale at all price points. With interest rates remaining low, now is an excellent time to buy a home in Altoona or invest in real estate here.