Penllyn, PA Foreclosures
How much do homes sell for in Penllyn, PA?
The average home price is currently $496,923.
In Penllyn, PA, how many homes are available?
There are currently 1 active home listings available in Penllyn.
What’s the average rental cost in Penllyn, PA?
The average rental price in Penllyn is $1,984.
What is the most expensive home in Penllyn?
The most expensive home sold in Penllyn had a price of $2,739,146.
What is currently the cheapest priced home in Penllyn, PA?
The cheapest home for sale in Penllyn is priced at $21,641.
Living in Penllyn, PA
Penllyn, PA is a charming suburban community in Montgomery County, offering a peaceful lifestyle with close-knit neighborhoods and easy access to urban amenities. With great schools, beautiful parks, and convenient public transport options, it's ideal for families and professionals alike. Enjoy the blend of nature and community that Penllyn has to offer.
Current Market Conditions in Penllyn, PA
The current real estate market in Penllyn shows a steady demand for homes, boosted by its appealing suburban environment and excellent school district. Buyers are attracted to the area for its quality of life and proximity to Philadelphia, which keeps property values stable and offers long-term investment potential. The market is characterized by a mix of single-family homes, townhouses, and some rental properties, catering to a diverse range of buyers.
Recent trends indicate a slight increase in home prices over the last few months as inventory has remained relatively low compared to demand. Furthermore, homes in Penllyn are generally selling quickly, often within a few weeks of listing, suggesting a competitive market. Investors looking at this area will likely find a continuous flow of interest as Penllyn maintains its family-friendly charm.
Home Value Estimator For Penllyn, PA
There are currently 620 real estate properties
in Penllyn, PA,
with a median automated valuation model (AVM) price
of $359,687.00. 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 $496,923.00, with the most expensive house
in Penllyn, PA, topping out
at $2,739,146.00 and the cheapest home
in Penllyn, PA,
clocking in at $21,641.00. 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.
Learn more on Foreclosure homes
