Rheems, PA Foreclosures
How much do homes sell for in Rheems, PA?
The average home price is currently $297,017.
What’s the average rental cost in Rheems, PA?
The average rental price in Rheems is $1,305.
What is the most expensive home in Rheems?
The most expensive home sold in Rheems had a price of $437,780.
What is currently the cheapest priced home in Rheems, PA?
The cheapest home for sale in Rheems is priced at $118,793.
Living in Rheems, PA
Rheems, PA, offers a serene suburban lifestyle with easy access to local amenities and beautiful parks. This family-friendly community is known for its strong school systems and vibrant neighborhoods, making it an excellent place to call home. Residents enjoy a welcoming atmosphere where community spirit thrives.
Current Market Conditions in Rheems, PA
The real estate market in Rheems shows steady demand with a healthy mix of single-family homes and townhouses. Due to its family-friendly environment and proximity to Lancaster City, property values have seen a gradual increase over the past year. Buyers can expect competitive pricing, especially for mid-range homes, as the community attracts both first-time buyers and those looking to relocate.
Recent trends indicate that homes are selling relatively quickly, with many listings receiving multiple offers. The demand is driven by the area's appeal for families, thanks to its excellent schools and community resources.
Home Value Estimator For Rheems, PA
There are currently 13 real estate properties
in Rheems, PA,
with a median automated valuation model (AVM) price
of $326,000.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Rheems, 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 Rheems, PA,
is $297,017.00, with the most expensive house
in Rheems, PA, topping out
at $437,780.00 and the cheapest home
in Rheems, PA,
clocking in at $118,793.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Rheems, PA!
Rent Prices
In Rheems, PA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Rheems, PA, is on
a rollercoaster ride. The
average rent price in Rheems, PA,
is $1,305.00. Indeed, when looking to rent in
Rheems, PA, you can expect to pay as little
as $1,040.00 or as much
as $1,680.00,
with the average rent median estimated to
be $1,210.00. The good news is that finding
an affordable and desirable property to rent in Rheems, 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.