Ransom, PA Foreclosures
How much do homes sell for in Ransom, PA?
The average home price is currently $160,700.
In Ransom, PA, how many homes are available?
There are currently 346 active home listings available in Ransom.
What’s the average rental cost in Ransom, PA?
The average rental price in Ransom is $1,045.
What is the most expensive home in Ransom?
The most expensive home sold in Ransom had a price of $561,029.
What is currently the cheapest priced home in Ransom, PA?
The cheapest home for sale in Ransom is priced at $38,280.
Living in Ransom, PA
Ransom, Pennsylvania is a small, peaceful community located in Lackawanna County. Known for its friendly atmosphere, the area boasts a range of amenities and outdoor activities, making it an ideal choice for families and retirees alike. With good schools, beautiful parks, and convenient access to larger cities like Scranton, Ransom offers a balance of serenity and urban convenience.
Current Market Conditions in Ransom, PA
Ransom's real estate market has been relatively stable, with a modest increase in home prices over the past year. As more people seek affordable housing outside of larger urban areas, Ransom has become an attractive option for homebuyers looking for a balance between affordability and community quality. Current trends indicate a steady interest from first-time homebuyers as well as retirees moving into the area, which is slowly driving up demand for homes.
The housing market remains competitive, with a noticeable shortage of listings at lower price points, specifically in the 2-3 bedroom range. This trend fosters a seller's market, where homes are frequently sold above asking price due to high buyer interest.
Home Value Estimator For Ransom, PA
There are currently 50 real estate properties
in Ransom, PA,
with a median automated valuation model (AVM) price
of $113,288.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Ransom, 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 Ransom, PA,
is $160,700.00, with the most expensive house
in Ransom, PA, topping out
at $561,029.00 and the cheapest home
in Ransom, PA,
clocking in at $38,280.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Ransom, PA!
Rent Prices
In Ransom, PA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Ransom, PA, is on
a rollercoaster ride. The
average rent price in Ransom, PA,
is $1,045.00. Indeed, when looking to rent in
Ransom, PA, you can expect to pay as little
as $1,020.00 or as much
as $1,070.00,
with the average rent median estimated to
be $1,020.00. The good news is that finding
an affordable and desirable property to rent in Ransom, 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
