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Foreclosures in Farrell, PA

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Living in Farrell, PA

Farrell, Pennsylvania, is a charming small town with a strong sense of community. Nestled in Mercer County, it offers both residents and visitors a pleasant suburban environment with parks and local amenities. Its proximity to larger urban areas enhances its appeal while preserving a quaint, peaceful lifestyle.

Current Market Conditions in Farrell, PA

The real estate market in Farrell has shown stability over the past few months, with a slight increase in home values as demand rises due to the town's appeal. Buyers looking for affordable housing options often consider Farrell due to its reasonable property prices compared to surrounding areas.

There has been a noticeable uptick in interest among first-time homebuyers looking for tranquil neighborhoods away from the hustle and bustle of city life. The availability of several charming homes at varying price points makes it an attractive option for those looking to settle down.

Home Value Estimator For Farrell, PA

There are currently 1,960 real estate properties in Farrell, PA, with a median automated valuation model (AVM) price of $67,386.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Farrell, 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 Farrell, PA, is $80,822.00, with the most expensive house in Farrell, PA, topping out at $6,515,983.00 and the cheapest home in Farrell, PA, clocking in at $10,961.00. In other words, there’s something for every potential homebuyer or savvy investor in Farrell, PA!

Rent Prices In Farrell, PA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Farrell, PA, is on a rollercoaster ride. The average rent price in Farrell, PA, is $808.00. Indeed, when looking to rent in Farrell, PA, you can expect to pay as little as $450.00 or as much as $1,900.00, with the average rent median estimated to be $810.00. The good news is that finding an affordable and desirable property to rent in Farrell, 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.

Farrell, PA Foreclosures


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