Mayfield, PA Foreclosures
Current Market Conditions in in Mayfield, PA As of February 2026?
Over the past month, the Mayfield real estate market has experienced a modest increase in home prices, attributed to a tighter inventory and heightened demand from buyers. The trend has been influenced by low interest rates and the area's desirability, particularly among first-time homebuyers and families looking for affordable housing in a community-oriented environment. Agents note an increase in showings and buyer inquiries, which is promising for sellers considering listing their homes.
How much do homes sell for in Mayfield, PA?
The average home price is currently $147,764.
In Mayfield, PA, how many homes are available?
There are currently 4 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 $843,101.
What is currently the cheapest priced home in Mayfield, PA?
The cheapest home for sale in Mayfield is priced at $11,272.
Living in Mayfield, PA
Located in Lackawanna County, Mayfield, PA is a charming borough that offers a peaceful small-town atmosphere with access to modern conveniences. Nestled among scenic landscapes, residents enjoy a strong community spirit and various local amenities. The area also features parks, recreational activities, and a rich history.
Buyer vs Seller Market in Mayfield, PA
The current real estate market in Mayfield is characterized by a steady demand for homes due to the area's appeal to families and retirees alike. Homebuyers are attracted to the affordable housing options coupled with the quality of life offered in the community. The market has seen a gradual increase in home prices, but it remains competitive as buyers seek properties that fit their budget and lifestyle needs.
In recent months, there has been a noticeable uptick in interest, with many properties receiving multiple offers. Inventory remains relatively low, putting pressure on prices, while the number of new listings is slowly increasing, giving potential buyers more options to consider.
Home Value Estimator For Mayfield, PA
There are currently 714 real estate properties
in Mayfield, PA,
with a median automated valuation model (AVM) price
of $124,499.00. 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 $147,764.00, with the most expensive house
in Mayfield, PA, topping out
at $843,101.00 and the cheapest home
in Mayfield, PA,
clocking in at $11,272.00. 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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