Foreclosure Homes in Lykens, PA 17048

Current Market Conditions in Lykens, PA

The real estate market in Lykens has seen a modest increase in home prices over the past year, reflecting a stable demand in this quaint borough. Despite being a smaller town, Lykens retains its appeal due to its affordability and welcoming community atmosphere, attracting both first-time buyers and investors looking for rental properties.

Recently, there has been a trend of younger families moving into the area, attracted by the affordable housing options and the small-town charm. This influx may contribute to a rise in property values and a more active real estate market, indicating a positive growth trajectory.

Rent Prices In Lykens, PA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lykens, PA, is on a rollercoaster ride. The average rent price in Lykens, PA, is $1,100.00. Indeed, when looking to rent in Lykens, PA, you can expect to pay as little as $600.00 or as much as $2,420.00, with the average rent median estimated to be $1,030.00. The good news is that finding an affordable and desirable property to rent in Lykens, 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.