Buying city property has tremendous potential because you have the opportunity to turn a neglected eyesore into a real estate gem … at a fraction of the cost. Click on a listing below to begin search for city-owned properties for sale in your area. Don't overpay for your next home in Drums, PA. There are 25 discounted homes for sale in Drums, PA we think you'll love.
Drums, Pennsylvania, is a small yet vibrant community located in Luzerne County. Known for its scenic landscapes and friendly atmosphere, this area offers a peaceful suburban lifestyle while being conveniently located near larger cities. Residents enjoy access to local amenities, parks, and excellent schools, making it a great place for families and individuals alike.
There are currently 3,619 real estate properties in Drums, PA, with a median automated valuation model (AVM) price of $274,705.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Drums, 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 Drums, PA, is $291,035.00, with the most expensive house in Drums, PA, topping out at $3,957,065.00 and the cheapest home in Drums, PA, clocking in at $18,156.00. In other words, there’s something for every potential homebuyer or savvy investor in Drums, PA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Drums, PA, is on a rollercoaster ride. The average rent price in Drums, PA, is $1,324.00. Indeed, when looking to rent in Drums, PA, you can expect to pay as little as $730.00 or as much as $3,480.00, with the average rent median estimated to be $1,320.00. The good news is that finding an affordable and desirable property to rent in Drums, 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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