Erial, NJ Foreclosures
How much do homes sell for in Erial, NJ?
The average home price is currently $336,847.
In Erial, NJ, how many homes are available?
There are currently 10 active home listings available in Erial.
What’s the average rental cost in Erial, NJ?
The average rental price in Erial is $1,555.
What is the most expensive home in Erial?
The most expensive home sold in Erial had a price of $1,264,100.
What is currently the cheapest priced home in Erial, NJ?
The cheapest home for sale in Erial is priced at $77,000.
Living in Erial, NJ
Erial, New Jersey, is a quaint suburban community known for its family-friendly atmosphere and convenient access to urban amenities. Residents enjoy a peaceful lifestyle while being just a short drive away from the bustling city of Philadelphia. With a variety of parks and recreational activities available, Erial is an ideal location for families and individuals alike.
Current Market Conditions in Erial, NJ
The real estate market in Erial is currently robust, with a steady increase in demand for homes. Recent trends indicate that buyers are seeking family-friendly neighborhoods with good schools and parks, leading to a competitive market where homes are selling quickly. This uptick in interest has contributed to rising prices, making now a significant time for both buyers and sellers.
Investors are also looking towards Erial for potential opportunities, given the ongoing developments and infrastructure improvements taking place in the area. With its close proximity to Philadelphia, Erial is poised for growth, attracting new residents and enhancing its appeal for real estate.
Home Value Estimator For Erial, NJ
There are currently 60 real estate properties
in Erial, NJ,
with a median automated valuation model (AVM) price
of $318,245.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Erial, NJ, 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 Erial, NJ,
is $336,847.00, with the most expensive house
in Erial, NJ, topping out
at $1,264,100.00 and the cheapest home
in Erial, NJ,
clocking in at $77,000.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Erial, NJ!
Rent Prices
In Erial, NJ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Erial, NJ, is on
a rollercoaster ride. The
average rent price in Erial, NJ,
is $1,555.00. Indeed, when looking to rent in
Erial, NJ, you can expect to pay as little
as $1,300.00 or as much
as $2,690.00,
with the average rent median estimated to
be $1,400.00. The good news is that finding
an affordable and desirable property to rent in Erial, NJ
-- 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.