Bear Lake, PA Foreclosures
How much do homes sell for in Bear Lake, PA?
The average home price is currently $134,172.
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 $554,342.
What is currently the cheapest priced home in Bear Lake, PA?
The cheapest home for sale in Bear Lake is priced at $27,987.
Living in Bear Lake, PA
Bear Lake is a serene community located in Pennsylvania, known for its beautiful landscapes and tranquil lake views. The area offers a blend of outdoor recreational activities and a close-knit community feel. Residents enjoy easy access to nature, including beaches and hiking trails, making it a popular spot for weekend getaways and year-round living.
Current Market Conditions in Bear Lake, PA
Bear Lake's real estate market is experiencing a steady increase in demand, particularly for vacation homes near the lake. As people seek out peaceful retreats away from city life, properties in Bear Lake are becoming increasingly attractive to buyers looking for second homes or investment opportunities.
The market shows signs of competitiveness this year, with many homes receiving multiple offers, leading to a hike in home prices. Investors have also shown interest, contributing to a robust growth in property values.
Home Value Estimator For Bear Lake, PA
There are currently 312 real estate properties
in Bear Lake, PA,
with a median automated valuation model (AVM) price
of $113,487.00. 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 $134,172.00, with the most expensive house
in Bear Lake, PA, topping out
at $554,342.00 and the cheapest home
in Bear Lake, PA,
clocking in at $27,987.00. 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
