Penfield, PA Foreclosures
How much do homes sell for in Penfield, PA?
The average home price is currently $115,673.
In Penfield, PA, how many homes are available?
There are currently 1 active home listings available in Penfield.
What’s the average rental cost in Penfield, PA?
The average rental price in Penfield is $768.
What is the most expensive home in Penfield?
The most expensive home sold in Penfield had a price of $1,142,754.
What is currently the cheapest priced home in Penfield, PA?
The cheapest home for sale in Penfield is priced at $8,149.
Living in Penfield, PA
Penfield is a small, quaint community located in the rolling hills of western Pennsylvania. With a close-knit atmosphere and a rich local history, it offers a peaceful rural lifestyle. Residents enjoy access to beautiful landscapes, outdoor activities, and strong community ties.
Current Market Conditions in Penfield, PA
The real estate market in Penfield is relatively stable, with a slight increase in demand over the past year. The area is attractive to buyers seeking affordable housing and a peaceful lifestyle. Properties are typically single-family homes situated on larger lots, making it appealing for families and individuals who enjoy gardening and outdoor space. Underlying economic factors, including low-interest rates, have contributed to the uptick in market activity.
As more people seek refuge from urban environments and desire living in smaller communities, Penfield has seen an influx of interest from first-time homebuyers and retirees looking for a serene atmosphere. The trend in remote working has also led to a search for homes in suburban and rural settings, providing a potential for future growth in property values.
Home Value Estimator For Penfield, PA
There are currently 565 real estate properties
in Penfield, PA,
with a median automated valuation model (AVM) price
of $94,015.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Penfield, 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 Penfield, PA,
is $115,673.00, with the most expensive house
in Penfield, PA, topping out
at $1,142,754.00 and the cheapest home
in Penfield, PA,
clocking in at $8,149.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Penfield, PA!
Rent Prices
In Penfield, PA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Penfield, PA, is on
a rollercoaster ride. The
average rent price in Penfield, PA,
is $768.00. Indeed, when looking to rent in
Penfield, PA, you can expect to pay as little
as $480.00 or as much
as $1,650.00,
with the average rent median estimated to
be $780.00. The good news is that finding
an affordable and desirable property to rent in Penfield, 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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