Blakely, PA Foreclosures
Current Market Conditions in in Blakely, PA As of January 2026?
Over the past month, the real estate market in Blakely has shown a slight uptick, with a 1.5% rise in average home prices. More properties are coming onto the market, leading to a slight increase in competition among buyers. Homes that are in good condition and are priced appropriately have been going under contract quickly, indicating a healthy level of buyer interest.
How much do homes sell for in Blakely, PA?
The average home price is currently $162,643.
In Blakely, PA, how many homes are available?
There are currently 3 active home listings available in Blakely.
What’s the average rental cost in Blakely, PA?
The average rental price in Blakely is $966.
What is the most expensive home in Blakely?
The most expensive home sold in Blakely had a price of $763,633.
What is currently the cheapest priced home in Blakely, PA?
The cheapest home for sale in Blakely is priced at $16,587.
Living in Blakely, PA
Blakely, PA, is a welcoming community in Lackawanna County known for its friendly environment and excellent amenities. The borough boasts a variety of local parks, schools, and shops, making it a great place for families and retirees. Residents appreciate the blend of suburban charm with convenient access to nearby urban areas.
Buyer vs Seller Market in Blakely, PA
Blakely's real estate market has remained steady, showing resilience in buyer interest and a modest increase in property values. Homes are generally affordable compared to some neighboring regions, and demand is supported by the overall livability of the area. The market typically attracts families and first-time homebuyers, making homeownership more attainable.
As of recent months, Blakely continues to see a mix of traditional residential sales alongside interest in fixer-uppers and investment properties. Local economic and demographic trends suggest a stable real estate environment with homes selling moderately fast, particularly those that are well-maintained or recently updated.
Home Value Estimator For Blakely, PA
There are currently 559 real estate properties
in Blakely, PA,
with a median automated valuation model (AVM) price
of $136,157.00. 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 $162,643.00, with the most expensive house
in Blakely, PA, topping out
at $763,633.00 and the cheapest home
in Blakely, PA,
clocking in at $16,587.00. 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.