Lemont, PA Foreclosures
How much do homes sell for in Lemont, PA?
The average home price is currently $383,853.
In Lemont, PA, how many homes are available?
There are currently 2 active home listings available in Lemont.
What’s the average rental cost in Lemont, PA?
The average rental price in Lemont is $1,510.
What is the most expensive home in Lemont?
The most expensive home sold in Lemont had a price of $2,257,344.
What is currently the cheapest priced home in Lemont, PA?
The cheapest home for sale in Lemont is priced at $21,893.
Living in Lemont, PA
Lemont, PA is a quaint suburb within Centre County that offers a peaceful lifestyle amidst stunning natural beauty, just minutes from the amenities of State College. Ideal for families and outdoor enthusiasts, the area is rich with community spirit and recreational opportunities. Residents have access to various schools, parks, and local shops, making Lemont an inviting place to call home.
Current Market Conditions in Lemont, PA
The real estate market in Lemont is currently experiencing a steady demand, characterized by moderate pricing and a tight inventory of homes for sale. The appeal of the community, combined with its proximity to State College, contributes to consistent buyer interest, especially from families seeking a suburban lifestyle.
Recently, there has been an uptick in home renovation projects, with many homeowners investing in upgrades that make properties more attractive to potential buyers. This trend suggests that many residents are choosing to stay in the area and enhance their living spaces rather than move.”],
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In the past month, the Lemont real estate market has seen slight indications of increase in home prices, driven by the limited inventory available for sale. Buyers are increasingly competing for available properties, often resulting in multiple offers on desirable homes. The market remains favorable for sellers, although prospective buyers are advised to act quickly in order to secure a suitable property. Overall, the market continues to be active, reflecting the area's enduring appeal.
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Over the past year, Lemont's real estate market has shown resilience, with a gradual increase in median home prices. While the pandemic initially slowed market activity, the demand for suburban living has rebounded. Homes in Lemont have appreciated in value as more individuals seek out properties that offer larger spaces and proximity to nature. This continued growth in home values has made Lemont an attractive option for buyers looking for investment opportunities.
Home Value Estimator For Lemont, PA
There are currently 326 real estate properties
in Lemont, PA,
with a median automated valuation model (AVM) price
of $365,690.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lemont, 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 Lemont, PA,
is $383,853.00, with the most expensive house
in Lemont, PA, topping out
at $2,257,344.00 and the cheapest home
in Lemont, PA,
clocking in at $21,893.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lemont, PA!
Rent Prices
In Lemont, PA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lemont, PA, is on
a rollercoaster ride. The
average rent price in Lemont, PA,
is $1,510.00. Indeed, when looking to rent in
Lemont, PA, you can expect to pay as little
as $1,180.00 or as much
as $1,910.00,
with the average rent median estimated to
be $1,490.00. The good news is that finding
an affordable and desirable property to rent in Lemont, 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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