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Rent To Own Homes in Monessen, PA 15062

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Monessen, PA Foreclosures

How much do homes sell for in Monessen, PA?
The average home price is currently $84,520.
In Monessen, PA, how many homes are available?
There are currently 6 active home listings available in Monessen.
What’s the average rental cost in Monessen, PA?
The average rental price in Monessen is $852.
What is the most expensive home in Monessen?
The most expensive home sold in Monessen had a price of $981,614.
What is currently the cheapest priced home in Monessen, PA?
The cheapest home for sale in Monessen is priced at $11,255.

Living in Monessen, PA

Monessen, PA is a quaint city with a deep industrial heritage located on the Monongahela River. It offers a tight-knit community atmosphere coupled with scenic river views and easy access to nearby Pittsburgh. Residents enjoy various local amenities, parks, and a strategic location that provides convenience to urban opportunities.

Current Market Conditions in Monessen, PA

The Monessen real estate market has experienced a steady demand for affordable housing, making it an attractive option for first-time homebuyers and investors. With a combination of single-family homes and some multi-family properties, the market caters to a diverse range of buyers.

Recent trends show a slight increase in home prices over the last few months, indicating a growing interest in the area. Investors are noting the potential for rehabilitation projects given its historical properties and proximity to Pittsburgh.

Home Value Estimator For Monessen, PA

There are currently 3,511 real estate properties in Monessen, PA, with a median automated valuation model (AVM) price of $74,266.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Monessen, 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 Monessen, PA, is $84,520.00, with the most expensive house in Monessen, PA, topping out at $981,614.00 and the cheapest home in Monessen, PA, clocking in at $11,255.00. In other words, there’s something for every potential homebuyer or savvy investor in Monessen, PA!

Rent Prices In Monessen, PA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Monessen, PA, is on a rollercoaster ride. The average rent price in Monessen, PA, is $852.00. Indeed, when looking to rent in Monessen, PA, you can expect to pay as little as $500.00 or as much as $1,940.00, with the average rent median estimated to be $840.00. The good news is that finding an affordable and desirable property to rent in Monessen, 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.

Monessen, PA 15062 Rent To Own Homes

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