Mayfield, PA Foreclosures
How much do homes sell for in Mayfield, PA?
The average home price is currently $146,420.
In Mayfield, PA, how many homes are available?
There are currently 3 active home listings available in Mayfield.
What’s the average rental cost in Mayfield, PA?
The average rental price in Mayfield is $1,022.
What is the most expensive home in Mayfield?
The most expensive home sold in Mayfield had a price of $576,926.
What is currently the cheapest priced home in Mayfield, PA?
The cheapest home for sale in Mayfield is priced at $20,137.
Living in Mayfield, PA
Mayfield, PA, is a quaint borough offering a community-focused lifestyle with a blend of suburban charm and rural tranquility. Nestled in Lackawanna County, it provides access to essential amenities and recreational opportunities, making it a great place for families and retirees. The area's close-knit community culture and proximity to larger urban centers enhance its appeal.
Current Market Conditions in Mayfield, PA
The real estate market in Mayfield, PA, has shown a stable trend over the past year, with a slight increase in home prices as demand continues to grow. The town has become increasingly appealing to young families and first-time buyers due to its affordable housing market and community-focused lifestyle. While inventory has been somewhat limited, homes that are listed are receiving interest quickly, indicating an active market.
The rental market in Mayfield is gradually improving, with increased interest in multi-family units. Investors are taking notice of the area's potential for rental property growth, leading to a greater number of rental listings as developers look to meet demand.
Home Value Estimator For Mayfield, PA
There are currently 681 real estate properties
in Mayfield, PA,
with a median automated valuation model (AVM) price
of $127,876.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mayfield, 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 Mayfield, PA,
is $146,420.00, with the most expensive house
in Mayfield, PA, topping out
at $576,926.00 and the cheapest home
in Mayfield, PA,
clocking in at $20,137.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mayfield, PA!
Rent Prices
In Mayfield, PA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mayfield, PA, is on
a rollercoaster ride. The
average rent price in Mayfield, PA,
is $1,022.00. Indeed, when looking to rent in
Mayfield, PA, you can expect to pay as little
as $700.00 or as much
as $1,720.00,
with the average rent median estimated to
be $980.00. The good news is that finding
an affordable and desirable property to rent in Mayfield, 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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