Living in Blakely, PA
BLAKELY, PA is a charming community with a strong sense of belonging, offering easy access to both suburban living and urban amenities. Located near Scranton, it provides a perfect blend of affordable housing, excellent schools, and recreational opportunities. Residents can enjoy a variety of local events and a picturesque environment ideal for families and retirees.
Current Market Conditions in Blakely, PA
The real estate market in BLAKELY, PA is currently favorable for buyers due to the affordable housing options and a steady increase in home values, making it a promising location for investment. With its proximity to Scranton, home prices in the area remain competitive while still offering greater value compared to larger metropolitan areas.
With growing interest from those seeking to relocate from urban centers looking for more space and a quiet lifestyle, BLAKELY's market has seen a consistent demand for homes. Investors can benefit from rental opportunities, as the area appeals to families and working professionals looking for a balance of convenience and community.
Home Value Estimator For Blakely, PA
There are currently 490 real estate properties
in Blakely, PA,
with a median automated valuation model (AVM) price
of $134,660.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Blakely, 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 Blakely, PA,
is $152,908.00, with the most expensive house
in Blakely, PA, topping out
at $753,528.00 and the cheapest home
in Blakely, PA,
clocking in at $23,416.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Blakely, PA!
Rent Prices
In Blakely, PA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Blakely, PA, is on
a rollercoaster ride. The
average rent price in Blakely, PA,
is $966.00. Indeed, when looking to rent in
Blakely, PA, you can expect to pay as little
as $710.00 or as much
as $1,490.00,
with the average rent median estimated to
be $950.00. The good news is that finding
an affordable and desirable property to rent in Blakely, 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.