Steven Dome July 16, 2025
The age-old housing question: should you rent or buy? It’s especially relevant in Bucks County today, given rising rents and steady home prices.
If you’re planning to stay shorter than 2-3 years or test life in Bucks County, renting makes sense. Rental prices in Warrington and Doylestown range on average from $2,800–3,100/month for a three-bedroom. However, recent rent increases have often outpaced local inflation in sought-after districts.
Buying becomes cost-effective when you plan to stay longer than 3 years. With stabilized interest rates and strong school districts, entry-level homes in Central Bucks (like Furlong Crossing, and Jamison) offer good appreciation. Plus, mortgage rates near 6.5% are still historically reasonable.
Equity: Buying builds equity over time—renting doesn’t.
Tax advantages: Mortgage interest and property taxes are often deductible.
Stability: Many renters face annual rent hikes. Homeowners with fixed-rate mortgages have predictable monthly payments.
Maintenance: Renting means landlords handle repairs; buyers are responsible for handling their own repairs when they become homeowners—so budget 1–2% of your home’s value annually.
If you see yourself living in Bucks County long-term and want to tap into stable housing markets with strong school systems, buying often makes more financial sense. But for flexibility and short-term stays, renting can be a better fit.
Contact Steven Dome today to explore available rentals or set your game plan for buying in Bucks County.
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Get assistance in determining current property value, crafting a competitive offer, writing and negotiating a contract, and much more. Contact me today.