Drumore, PA Foreclosures
How much do homes sell for in Drumore, PA?
The average home price is currently $641,385.
In Drumore, PA, how many homes are available?
There are currently 1 active home listings available in Drumore.
What’s the average rental cost in Drumore, PA?
The average rental price in Drumore is $1,469.
What is the most expensive home in Drumore?
The most expensive home sold in Drumore had a price of $3,344,001.
What is currently the cheapest priced home in Drumore, PA?
The cheapest home for sale in Drumore is priced at $41,917.
Living in Drumore, PA
Drumore, PA, is a picturesque township in Lancaster County, known for its tranquil rural environment and strong community spirit. This area offers a mix of outdoor activities and access to essential amenities, making it an ideal location for families and nature lovers. With its close proximity to bigger towns, residents enjoy both peaceful living and local conveniences.
Current Market Conditions in Drumore, PA
The current real estate market in Drumore is stable, reflecting a balanced demand and supply. There has been a noticeable increase in interest for single-family homes, particularly from families looking for affordable housing in a rural setting. The market is characterized by steady home appreciation rates, as buyers are drawn to the area’s appealing lifestyle and community atmosphere.
In recent months, properties are selling faster than in previous years, indicating a competitive market. Homes priced below the median market value are attracting multiple offers, reinforcing the ongoing demand for housing in Drumore. Real estate experts predict that this trend will continue, with interest rates affecting buyer decisions.
Home Value Estimator For Drumore, PA
There are currently 457 real estate properties
in Drumore, PA,
with a median automated valuation model (AVM) price
of $368,982.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Drumore, 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 Drumore, PA,
is $641,385.00, with the most expensive house
in Drumore, PA, topping out
at $3,344,001.00 and the cheapest home
in Drumore, PA,
clocking in at $41,917.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Drumore, PA!
Rent Prices
In Drumore, PA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Drumore, PA, is on
a rollercoaster ride. The
average rent price in Drumore, PA,
is $1,469.00. Indeed, when looking to rent in
Drumore, PA, you can expect to pay as little
as $780.00 or as much
as $2,180.00,
with the average rent median estimated to
be $1,470.00. The good news is that finding
an affordable and desirable property to rent in Drumore, 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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