Bear Lake, PA Foreclosures
How much do homes sell for in Bear Lake, PA?
The average home price is currently $110,571.
In Bear Lake, PA, how many homes are available?
There are currently 1 active home listings available in Bear Lake.
What’s the average rental cost in Bear Lake, PA?
The average rental price in Bear Lake is $851.
What is the most expensive home in Bear Lake?
The most expensive home sold in Bear Lake had a price of $346,600.
What is currently the cheapest priced home in Bear Lake, PA?
The cheapest home for sale in Bear Lake is priced at $48,437.
Living in Bear Lake, PA
Bear Lake, PA is a quaint and peaceful community known for its stunning lake and natural surroundings. Ideal for outdoor enthusiasts, it offers numerous recreational opportunities such as fishing, boating, and hiking. The charm of Bear Lake lies in its community spirit and beautiful landscapes, making it a perfect getaway or place to call home.
Current Market Conditions in Bear Lake, PA
The real estate market in Bear Lake, PA has shown signs of stability with a modest increase in home values over recent months. The demand for vacation homes and properties that offer outdoor access has attracted buyers seeking a retreat from busy urban areas. Residents appreciate the tranquility of Bear Lake, leading to a steady interest in real estate investment in the locality.
Homes in Bear Lake are primarily single-family houses, with options ranging from modest cabins to larger lakefront properties. The average time homes remain on the market is starting to decrease, reflecting a strong buyer interest. The area is particularly appealing for those looking to invest in second homes or retire in a peaceful setting.
Home Value Estimator For Bear Lake, PA
There are currently 199 real estate properties
in Bear Lake, PA,
with a median automated valuation model (AVM) price
of $92,007.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Bear Lake, 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 Bear Lake, PA,
is $110,571.00, with the most expensive house
in Bear Lake, PA, topping out
at $346,600.00 and the cheapest home
in Bear Lake, PA,
clocking in at $48,437.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Bear Lake, PA!
Rent Prices
In Bear Lake, PA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Bear Lake, PA, is on
a rollercoaster ride. The
average rent price in Bear Lake, PA,
is $851.00. Indeed, when looking to rent in
Bear Lake, PA, you can expect to pay as little
as $580.00 or as much
as $1,330.00,
with the average rent median estimated to
be $820.00. The good news is that finding
an affordable and desirable property to rent in Bear Lake, 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
