Portland, PA Foreclosures
How much do homes sell for in Portland, PA?
The average home price is currently $288,557.
In Portland, PA, how many homes are available?
There are currently 2 active home listings available in Portland.
What’s the average rental cost in Portland, PA?
The average rental price in Portland is $1,228.
What is the most expensive home in Portland?
The most expensive home sold in Portland had a price of $685,999.
What is currently the cheapest priced home in Portland, PA?
The cheapest home for sale in Portland is priced at $141,482.
Living in Portland, PA
Portland, Pennsylvania, is a quaint borough nestled along the Delaware River, characterized by its tight-knit community and scenic views. This charming locale offers a blend of small-town feel with easy access to outdoor adventures such as hiking and fishing. Residents appreciate the peaceful environment and the unique local businesses that cater to various needs.
Current Market Conditions in Portland, PA
The current real estate market in Portland is characterized by a steady increase in property values, driven largely by its appeal as a small-town escape for those moving from urban areas. The demand for homes has created a competitive market, with attractive offerings for both first-time buyers and investors. As the area continues to grow, many residents see the value in investing in real estate here, given its proximity to recreational and cultural attractions in nearby Easton, PA, and the Lehigh Valley.
The market has seen a notable year-over-year increase in home sales, supported by low interest rates making home buying more accessible to a wider audience. Overall, Portland is becoming more recognized as an attractive option for homebuyers seeking a balance of nature and convenience.
Home Value Estimator For Portland, PA
There are currently 30 real estate properties
in Portland, PA,
with a median automated valuation model (AVM) price
of $264,134.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Portland, 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 Portland, PA,
is $288,557.00, with the most expensive house
in Portland, PA, topping out
at $685,999.00 and the cheapest home
in Portland, PA,
clocking in at $141,482.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Portland, PA!
Rent Prices
In Portland, PA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Portland, PA, is on
a rollercoaster ride. The
average rent price in Portland, PA,
is $1,228.00. Indeed, when looking to rent in
Portland, PA, you can expect to pay as little
as $800.00 or as much
as $1,570.00,
with the average rent median estimated to
be $1,200.00. The good news is that finding
an affordable and desirable property to rent in Portland, 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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