Driftwood, PA Foreclosures
How much do homes sell for in Driftwood, PA?
The average home price is currently $94,226.
In Driftwood, PA, how many homes are available?
There are currently 8 active home listings available in Driftwood.
What’s the average rental cost in Driftwood, PA?
The average rental price in Driftwood is $799.
What is the most expensive home in Driftwood?
The most expensive home sold in Driftwood had a price of $961,100.
What is currently the cheapest priced home in Driftwood, PA?
The cheapest home for sale in Driftwood is priced at $23,838.
Living in Driftwood, PA
Driftwood is a quaint and picturesque borough located in Cameron County, Pennsylvania. Nestled along the banks of the West Branch of the Susquehanna River, it offers a serene natural environment with access to outdoor recreational activities. The close-knit community takes pride in its local history and charming small-town atmosphere, making it an ideal spot for those seeking tranquility away from the hustle and bustle of city life.
Current Market Conditions in Driftwood, PA
The real estate market in Driftwood has shown resilience in recent months, indicated by a steady interest in properties despite challenges faced by many rural markets. The unique charm of Driftwood, especially its natural surroundings and community spirit, continues to attract both home buyers and investors. Average home prices have seen slight increases, suggesting a growing demand and a shift towards appreciation in property values as remote work allows more people to seek homes in picturesque rural settings.
There has been a noticeable trend of buyers looking for second homes or vacation rentals in smaller towns like Driftwood. These properties are often sought after for their affordability compared to urban markets and the appeal of outdoor recreation. The rental market is also seeing growth as tourism increases in the region, with visitors drawn to the area's natural beauty.
Home Value Estimator For Driftwood, PA
There are currently 560 real estate properties
in Driftwood, PA,
with a median automated valuation model (AVM) price
of $78,534.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Driftwood, 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 Driftwood, PA,
is $94,226.00, with the most expensive house
in Driftwood, PA, topping out
at $961,100.00 and the cheapest home
in Driftwood, PA,
clocking in at $23,838.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Driftwood, PA!
Rent Prices
In Driftwood, PA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Driftwood, PA, is on
a rollercoaster ride. The
average rent price in Driftwood, PA,
is $799.00. Indeed, when looking to rent in
Driftwood, PA, you can expect to pay as little
as $560.00 or as much
as $1,840.00,
with the average rent median estimated to
be $760.00. The good news is that finding
an affordable and desirable property to rent in Driftwood, 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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