Meadville, PA

There is no doubt that the Meadville, PA metropolitan statistical area (MSA) has seen some major changes in the housing market over the past few years. The most notable trend has been the decrease in home prices, which has made it a buyer's market in many parts of the MSA. This is good news for those looking to purchase a home in the near future, as there are plenty of deals to be had. Another trend that has been occurring is the rise in rental prices, as more and more people are choosing to rent instead of buy. This is likely due to the fact that it is easier to find affordable rentals than it is to find affordable homes for sale. Lastly, there has been an increase in foreclosures and short sales in the MSA, which can be attributed to the overall decline in home values.