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Preforeclosure Homes in Rheems, PA

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Rheems, PA Foreclosures

Current Market Conditions in in Rheems, PA As of February 2026?
In the past month, the Rheems real estate market has shown slight fluctuations, with a small decrease in available listings contributing to competitive bidding scenarios. Overall, homes that are well-maintained continue to attract multiple offers, particularly those priced incrementally above the market average. New construction options are also becoming more prominent, introducing modern amenities to the mix.
How much do homes sell for in Rheems, PA?
The average home price is currently $283,657.
In Rheems, PA, how many homes are available?
There are currently 592 active home listings available in Rheems.
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 $445,405.
What is currently the cheapest priced home in Rheems, PA?
The cheapest home for sale in Rheems is priced at $87,149.

Living in Rheems, PA

Rheems, PA is a quaint community in Lancaster County offering a suburban lifestyle with the charm of small-town living. Known for a close-knit community feel, Rheems provides easy access to local amenities and outdoor activities. Ideal for families, the area features quality schools and a range of recreational opportunities.

Buyer vs Seller Market in Rheems, PA

The real estate market in Rheems is currently experiencing moderate growth, driven by an influx of families seeking the peaceful lifestyle that the town offers. Home prices have been steadily increasing due to limited inventory and rising demand, making it a competitive market for buyers.

Investors are noticing the potential of Rheems as more residents appreciate the balance of rural living with urban convenience. The ongoing development and enhancements of local infrastructure are expected to further bolster property values in the area.

Home Value Estimator For Rheems, PA

There are currently 14 real estate properties in Rheems, PA, with a median automated valuation model (AVM) price of $284,800.00. 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 $283,657.00, with the most expensive house in Rheems, PA, topping out at $445,405.00 and the cheapest home in Rheems, PA, clocking in at $87,149.00. 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.

Rheems, PA Preforeclosure Homes


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