Addison, PA Foreclosures
How much do homes sell for in Addison, PA?
The average home price is currently $205,766.
In Addison, PA, how many homes are available?
There are currently 80 active home listings available in Addison.
What’s the average rental cost in Addison, PA?
The average rental price in Addison is $1,061.
What is the most expensive home in Addison?
The most expensive home sold in Addison had a price of $2,439,200.
What is currently the cheapest priced home in Addison, PA?
The cheapest home for sale in Addison is priced at $11,131.
Living in Addison, PA
Addison, PA, offers a serene rural lifestyle surrounded by nature in the Allegheny Mountains. This quaint borough features a tight-knit community with access to outdoor activities like hiking, fishing, and boating. With local shops and a peaceful atmosphere, it's perfect for families and retirees alike.
Current Market Conditions in Addison, PA
The real estate market in Addison, PA, is currently characterized by a steady demand for single-family homes, particularly among buyers looking for second homes or retirement properties in serene settings. Inventory levels remain moderate, with homes generally appreciating steadily due to the area’s natural beauty and tranquility.
In recent months, the market has seen a slight uptick in home prices, reflecting increased interest from buyers seeking quiet living spaces. The appeal of Addison's proximity to outdoor recreation has attracted those from surrounding urban areas.
Home Value Estimator For Addison, PA
There are currently 531 real estate properties
in Addison, PA,
with a median automated valuation model (AVM) price
of $168,166.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Addison, PA, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Addison, PA,
is $205,766.00, with the most expensive house
in Addison, PA, topping out
at $2,439,200.00 and the cheapest home
in Addison, PA,
clocking in at $11,131.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Addison, PA!
Rent Prices
In Addison, PA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Addison, PA, is on
a rollercoaster ride. The
average rent price in Addison, PA,
is $1,061.00. Indeed, when looking to rent in
Addison, PA, you can expect to pay as little
as $550.00 or as much
as $1,740.00,
with the average rent median estimated to
be $1,040.00. The good news is that finding
an affordable and desirable property to rent in Addison, PA
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
