Condo Foreclosures in Lansdowne, PA

Current Market Conditions in Lansdowne, PA

The current real estate market in Lansdowne has shown an upward trend in home values, driven by demand for suburban living close to Philadelphia. Homes are on the market for an average of 30 days, with increased interest from buyers looking for well-maintained properties with character. Several homes have recently been sold above asking price, indicating a competitive market.

In the past year, Lansdowne's housing market has witnessed a steady appreciation in property values, with an average increase of around 5%. The combination of low inventory and a strong buyer demand has resulted in a seller's market where bidding wars are becoming more commonplace. First-time homebuyers and investors are also taking advantage of certain affordable properties.

Rent Prices In Lansdowne, PA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lansdowne, PA, is on a rollercoaster ride. The average rent price in Lansdowne, PA, is $1,285.00. Indeed, when looking to rent in Lansdowne, PA, you can expect to pay as little as $680.00 or as much as $2,700.00, with the average rent median estimated to be $1,300.00. The good news is that finding an affordable and desirable property to rent in Lansdowne, 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.