Penndel, PA Foreclosures
How much do homes sell for in Penndel, PA?
The average home price is currently $418,519.
In Penndel, PA, how many homes are available?
There are currently 3 active home listings available in Penndel.
What’s the average rental cost in Penndel, PA?
The average rental price in Penndel is $1,678.
What is the most expensive home in Penndel?
The most expensive home sold in Penndel had a price of $1,350,000.
What is currently the cheapest priced home in Penndel, PA?
The cheapest home for sale in Penndel is priced at $176,000.
Living in Penndel, PA
Penn Del, PA captures the essence of suburban living with its charming neighborhood, strong community ties, and ample amenities. The borough has a welcoming atmosphere combined with convenient access to nearby urban centers. Enjoy a blend of outdoor activities, local shops, and quality schools, making it a perfect place to call home.
Current Market Conditions in Penndel, PA
The real estate market in Penn Del is currently experiencing an upward trend, with home prices steadily increasing due to an influx of buyers drawn by the area's attractive suburban features. The demand for single-family homes, particularly those in good condition, has surged over the past few months, making it an opportune time for sellers and a challenging yet rewarding landscape for buyers.
There is a healthy turnover rate in the housing market, with many properties being sold quickly, sometimes within just a few weeks of listing. Additionally, interest in multi-family units has grown as investors seek opportunities in rental properties, given the attractiveness of the neighborhood for tenants.
Home Value Estimator For Penndel, PA
There are currently 1,071 real estate properties
in Penndel, PA,
with a median automated valuation model (AVM) price
of $409,278.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Penndel, 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 Penndel, PA,
is $418,519.00, with the most expensive house
in Penndel, PA, topping out
at $1,350,000.00 and the cheapest home
in Penndel, PA,
clocking in at $176,000.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Penndel, PA!
Rent Prices
In Penndel, PA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Penndel, PA, is on
a rollercoaster ride. The
average rent price in Penndel, PA,
is $1,678.00. Indeed, when looking to rent in
Penndel, PA, you can expect to pay as little
as $1,080.00 or as much
as $2,920.00,
with the average rent median estimated to
be $1,700.00. The good news is that finding
an affordable and desirable property to rent in Penndel, 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
