Castle Shannon, PA Foreclosures
How much do homes sell for in Castle Shannon, PA?
The average home price is currently $257,643.
What’s the average rental cost in Castle Shannon, PA?
The average rental price in Castle Shannon is $1,288.
What is the most expensive home in Castle Shannon?
The most expensive home sold in Castle Shannon had a price of $2,596,000.
What is currently the cheapest priced home in Castle Shannon, PA?
The cheapest home for sale in Castle Shannon is priced at $125,440.
Living in Castle Shannon, PA
Castle Shannon is a charming borough located in Allegheny County, Pennsylvania. Known for its friendly community, it offers a mix of suburban tranquility and easy access to Pittsburgh's vibrant city life. Residents can enjoy local parks, family-friendly amenities, and a close-knit atmosphere that makes it a great place for families and young professionals alike.
Current Market Conditions in Castle Shannon, PA
The real estate market in Castle Shannon has shown stable growth over the past year, with a slight increase in home prices reflecting the desirability of the area. The combination of a strong local economy, family-friendly ambiance, and proximity to Pittsburgh contributes to the higher demand for housing. Buyers are particularly interested in single-family homes and updated townhouses, leading to a competitive but manageable market.
Castle Shannon is experiencing a moderate appreciation rate in home values, making it an attractive area for first-time buyers and investors. The rental market is also robust due to the affordable prices compared to surrounding neighborhoods, creating opportunities for landlords and property investors.
Home Value Estimator For Castle Shannon, PA
There are currently 67 real estate properties
in Castle Shannon, PA,
with a median automated valuation model (AVM) price
of $216,922.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Castle Shannon, 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 Castle Shannon, PA,
is $257,643.00, with the most expensive house
in Castle Shannon, PA, topping out
at $2,596,000.00 and the cheapest home
in Castle Shannon, PA,
clocking in at $125,440.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Castle Shannon, PA!
Rent Prices
In Castle Shannon, PA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Castle Shannon, PA, is on
a rollercoaster ride. The
average rent price in Castle Shannon, PA,
is $1,288.00. Indeed, when looking to rent in
Castle Shannon, PA, you can expect to pay as little
as $1,020.00 or as much
as $1,620.00,
with the average rent median estimated to
be $1,280.00. The good news is that finding
an affordable and desirable property to rent in Castle Shannon, 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.
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