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Foreclosures in Penllyn, PA

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Living in Penllyn, PA

Penllyn, PA, is a charming suburban community with tree-lined streets, excellent schools, and a strong sense of community. Known for its family-friendly atmosphere, residents have access to local amenities, parks, and efficient public transportation. This area appeals to those seeking a quiet lifestyle with convenient access to broader metropolitan areas.

Current Market Conditions in Penllyn, PA

The current real estate market in Penllyn is competitive, with a steady increase in property values over the past few years. As more individuals and families are drawn to the area for its quality of life, inventory levels have been steadily decreasing, leading to higher prices for homes.

Investors should note that while the market presents challenges due to high demand, properties in Penllyn are expected to appreciate further as the area's economic stability and community initiatives continue to attract new residents. This trend highlights the value of investing in quality homes within Penllyn.

Home Value Estimator For Penllyn, PA

There are currently 611 real estate properties in Penllyn, PA, with a median automated valuation model (AVM) price of $364,813.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Penllyn, 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 Penllyn, PA, is $501,775.00, with the most expensive house in Penllyn, PA, topping out at $3,046,931.00 and the cheapest home in Penllyn, PA, clocking in at $111,300.00. In other words, there’s something for every potential homebuyer or savvy investor in Penllyn, PA!

Rent Prices In Penllyn, PA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Penllyn, PA, is on a rollercoaster ride. The average rent price in Penllyn, PA, is $1,984.00. Indeed, when looking to rent in Penllyn, PA, you can expect to pay as little as $1,310.00 or as much as $4,960.00, with the average rent median estimated to be $1,760.00. The good news is that finding an affordable and desirable property to rent in Penllyn, 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.

Penllyn, PA Foreclosures


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