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Rent To Own Homes in Luzerne, PA

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Luzerne, PA Foreclosures

How much do homes sell for in Luzerne, PA?
The average home price is currently $161,607.
In Luzerne, PA, how many homes are available?
There are currently 4 active home listings available in Luzerne.
What’s the average rental cost in Luzerne, PA?
The average rental price in Luzerne is $840.
What is the most expensive home in Luzerne?
The most expensive home sold in Luzerne had a price of $1,030,352.
What is currently the cheapest priced home in Luzerne, PA?
The cheapest home for sale in Luzerne is priced at $20,115.

Living in Luzerne, PA

Luzerne, PA, is a charming community that offers a perfect mix of suburban living with close access to urban amenities. The borough provides residents with beautiful parks, recreational activities, and a welcoming atmosphere, making it ideal for families and young professionals. With a strong sense of community and a good selection of schools, Luzerne is an inviting place to call home.

Current Market Conditions in Luzerne, PA

The real estate market in Luzerne has shown resilience, with moderate price increases observed over the last few months. Despite the national trends of housing shortages, Luzerne remains relatively stable, maintaining a steady demand for affordable housing options among buyers.

More families and young professionals are considering Luzerne as a desirable location due to the combination of attractive pricing and community amenities, which boosts the housing market positively.

Home Value Estimator For Luzerne, PA

There are currently 1,035 real estate properties in Luzerne, PA, with a median automated valuation model (AVM) price of $156,622.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Luzerne, 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 Luzerne, PA, is $161,607.00, with the most expensive house in Luzerne, PA, topping out at $1,030,352.00 and the cheapest home in Luzerne, PA, clocking in at $20,115.00. In other words, there’s something for every potential homebuyer or savvy investor in Luzerne, PA!

Rent Prices In Luzerne, PA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Luzerne, PA, is on a rollercoaster ride. The average rent price in Luzerne, PA, is $840.00. Indeed, when looking to rent in Luzerne, PA, you can expect to pay as little as $480.00 or as much as $1,570.00, with the average rent median estimated to be $840.00. The good news is that finding an affordable and desirable property to rent in Luzerne, 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.

Luzerne, PA Rent To Own Homes

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