Foreclosure Homes in Homestead, PA 15120

Current Market Conditions in Homestead, PA

The current real estate market in Homestead shows a trend toward increasing home values, as more people discover the benefits of living just outside of Pittsburgh. Investment opportunities are on the rise as the borough continues to revitalize its commercial spaces and attract new businesses.

With the combination of affordable housing prices relative to the nearby cities and the ongoing improvements in amenities, investors can find promising returns in Homestead's real estate market. Additionally, the demand for rentals in the area is increasing, making it a strong market for buy-and-hold investors.

Rent Prices In Homestead, PA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Homestead, PA, is on a rollercoaster ride. The average rent price in Homestead, PA, is $1,008.00. Indeed, when looking to rent in Homestead, PA, you can expect to pay as little as $540.00 or as much as $2,000.00, with the average rent median estimated to be $960.00. The good news is that finding an affordable and desirable property to rent in Homestead, 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.