Metropolitan Statistical Area (MSA):
Lock Haven, PA is a Metropolitan Statistical Area (MSA) comprising counties including .
There are a few different real estate trends happening in the Lock Haven, PA metropolitan statistical area (MSA) right now. The first is that the overall housing market is slowly starting to rebound from the recession. This is good news for both buyers and sellers, as it means that prices are starting to stabilize and there are more buyers than there were a few years ago. Additionally, interest rates are still relatively low, making it a good time to buy or sell a home.
Another trend happening in the Lock Haven MSA is that more people are moving out of the city and into the suburbs. This is likely due to a combination of factors, including an increase in crime rates in some urban areas and a desire for more space. As a result, suburban areas like Bellefonte and State College are seeing an influx of new residents. This trend could have an impact on home prices in these areas, as demand increases.
Overall, the Lock Haven MSA is seeing some positive trends in its housing market. Prices are slowly rising and interest rates remain low, making it a good time to buy or sell a home here. Additionally, more people are moving out of the city and into the suburbs, which could have an impact on home prices in these areas down the line.