Elrama, PA Foreclosures
Current Market Conditions in in Elrama, PA As of February 2026?
Over the past month, the housing market in Elrama has noticed a slight uptick in activity, with homes selling at a faster pace than before. Increased interest from out-of-state buyers seeking the charm of small-town living while being close to urban conveniences has contributed to this trend. Inventory remains somewhat low, creating competitive conditions for buyers, but prices are holding steady, suggesting stability in the market amid the seasonal changes.
How much do homes sell for in Elrama, PA?
The average home price is currently $133,060.
In Elrama, PA, how many homes are available?
There are currently 6 active home listings available in Elrama.
What’s the average rental cost in Elrama, PA?
The average rental price in Elrama is $870.
What is the most expensive home in Elrama?
The most expensive home sold in Elrama had a price of $1,326,423.
What is currently the cheapest priced home in Elrama, PA?
The cheapest home for sale in Elrama is priced at $44,140.
Living in Elrama, PA
Elrama, PA is a serene and charming community nestled alongside the Monongahela River, offering suburban living with easy access to the amenities of Pittsburgh. With a strong emphasis on family-friendly activities and quality education, it is a perfect residence for those seeking a peaceful lifestyle. Surrounded by nature, residents have plenty of options for outdoor recreation and community engagement.
Buyer vs Seller Market in Elrama, PA
The real estate market in Elrama is currently experiencing steady growth, with a variety of homes available for both buyers and investors. Prices are relatively stable, and there has been a gradual increase in demand for properties due to the area's appealing lifestyle and fast access to urban amenities. As more families and young professionals seek out suburban living, Elrama stands out as an attractive option.
In recent months, Elrama's real estate market has shown signs of resilience, with new constructions and upgrades taking place. The interest rates remain favorable, encouraging potential buyers to enter the market. Homes are selling reasonably quickly, with many listings receiving multiple offers, indicating a competitive environment for buyers.
Home Value Estimator For Elrama, PA
There are currently 167 real estate properties
in Elrama, PA,
with a median automated valuation model (AVM) price
of $119,000.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Elrama, 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 Elrama, PA,
is $133,060.00, with the most expensive house
in Elrama, PA, topping out
at $1,326,423.00 and the cheapest home
in Elrama, PA,
clocking in at $44,140.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Elrama, PA!
Rent Prices
In Elrama, PA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Elrama, PA, is on
a rollercoaster ride. The
average rent price in Elrama, PA,
is $870.00. Indeed, when looking to rent in
Elrama, PA, you can expect to pay as little
as $600.00 or as much
as $1,570.00,
with the average rent median estimated to
be $830.00. The good news is that finding
an affordable and desirable property to rent in Elrama, 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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