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Short Sale Listings in Orefield, PA 18069

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Living in Orefield, PA

Orefield, PA is a serene suburban community in the Lehigh Valley, offering a peaceful lifestyle with ample outdoor activities and easy access to urban amenities. With a strong sense of community and various recreational options, it's ideal for families and individuals seeking a quieter place to live.

Current Market Conditions in Orefield, PA

The Orefield real estate market has shown steady growth over the past few months, particularly in the single-family home segment. As residents seek larger spaces and suburbs become more desirable, the demand has driven home prices higher. Interest rates have stabilized, encouraging buyers to enter the market.

Inventory levels remain low, which creates a competitive environment for buyers. As a result, homes in Orefield are selling quickly, often receiving multiple offers. Sellers are seeing homes appreciate in value, creating a favorable market for homeowners looking to upgrade.

Home Value Estimator For Orefield, PA

There are currently 3,268 real estate properties in Orefield, PA, with a median automated valuation model (AVM) price of $435,889.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Orefield, 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 Orefield, PA, is $459,087.00, with the most expensive house in Orefield, PA, topping out at $2,785,874.00 and the cheapest home in Orefield, PA, clocking in at $25,027.00. In other words, there’s something for every potential homebuyer or savvy investor in Orefield, PA!

Rent Prices In Orefield, PA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Orefield, PA, is on a rollercoaster ride. The average rent price in Orefield, PA, is $1,692.00. Indeed, when looking to rent in Orefield, PA, you can expect to pay as little as $760.00 or as much as $3,300.00, with the average rent median estimated to be $1,550.00. The good news is that finding an affordable and desirable property to rent in Orefield, 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.

Orefield, PA 18069 Short Sale Listings

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