Modena, PA Foreclosures
How much do homes sell for in Modena, PA?
The average home price is currently $265,063.
In Modena, PA, how many homes are available?
There are currently 23 active home listings available in Modena.
What’s the average rental cost in Modena, PA?
The average rental price in Modena is $1,360.
What is the most expensive home in Modena?
The most expensive home sold in Modena had a price of $407,946.
What is currently the cheapest priced home in Modena, PA?
The cheapest home for sale in Modena is priced at $15,200.
Living in Modena, PA
Modena is a quaint borough located in Chester County, Pennsylvania, offering a blend of suburban comfort and rural charm. The community is known for its friendly atmosphere, with access to various outdoor activities and local amenities. Residents enjoy a peaceful lifestyle within a short commute to larger towns and cities nearby.
Current Market Conditions in Modena, PA
Overall, the real estate market in Modena is characterized by its affordability compared to neighboring towns in Chester County. The area has seen a steady increase in interest from both first-time homebuyers and investors looking for rental properties, driven by its attractive location and community amenities. Newly constructed homes and renovations of older properties are becoming more common, reflecting the growing demand for housing in this charming borough.
There is a notable trend of families relocating to Modena for its quiet lifestyle and quality of life, creating a competitive market that has led to an uptick in home values. The demographic shift towards younger families is influencing market stability and growth, making it a promising location for future real estate investments.
Home Value Estimator For Modena, PA
There are currently 13 real estate properties
in Modena, PA,
with a median automated valuation model (AVM) price
of $267,197.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Modena, 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 Modena, PA,
is $265,063.00, with the most expensive house
in Modena, PA, topping out
at $407,946.00 and the cheapest home
in Modena, PA,
clocking in at $15,200.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Modena, PA!
Rent Prices
In Modena, PA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Modena, PA, is on
a rollercoaster ride. The
average rent price in Modena, PA,
is $1,360.00. Indeed, when looking to rent in
Modena, PA, you can expect to pay as little
as $1,080.00 or as much
as $1,720.00,
with the average rent median estimated to
be $1,350.00. The good news is that finding
an affordable and desirable property to rent in Modena, 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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