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City-owned Homes And Land in Sugarloaf, PA

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View this home at Rock Hill Dr Sugarloaf PA 18249
Preforeclosure
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$185,695 EMV
Rock Hill Dr
Sugarloaf, PA 18249
Single-Family
EST. RENT: $1,450
|
AUCTION: 06-14-2024
Single-Family
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Home Value Estimator For Sugarloaf, PA

There are currently 1,611 real estate properties in Sugarloaf, PA, with a median automated valuation model (AVM) price of $273,391.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Sugarloaf, 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 Sugarloaf, PA, is $300,742.00, with the most expensive house in Sugarloaf, PA, topping out at $1,411,450.00 and the cheapest home in Sugarloaf, PA, clocking in at $12,663.00. In other words, there’s something for every potential homebuyer or savvy investor in Sugarloaf, PA!


Rent Prices In Sugarloaf, PA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Sugarloaf, PA, is on a rollercoaster ride. The average rent price in Sugarloaf, PA, is $1,455.00. Indeed, when looking to rent in Sugarloaf, PA, you can expect to pay as little as $870.00 or as much as $3,140.00, with the average rent median estimated to be $1,430.00. The good news is that finding an affordable and desirable property to rent in Sugarloaf, 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.


Top Reasons To Live In Sugarloaf, PA In 2024

Sugarloaf is located in Luzerne, Pennsylvania, with an estimated municipal population of 3,977 residents. All of the best foreclosed homes for sale in Sugarloaf are located in the following zip code areas on Foreclosure.com: 18251 18222 18249. The estimated population per square kilometer (.62 miles) in Sugarloaf is 68.


Cost Of Living In Sugarloaf, PA

So, about how much do homes cost in Sugarloaf? The most recent median value of resident-owned homes in Sugarloaf is 203,829. An estimated 83.4 percent of households in Sugarloaf own their homes, with an average family size of 2.96. The median household income in Sugarloaf is 79,583, with34 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Sugarloaf, the median commute time of resident workers (in minutes) is 24. And last, but certainly not least, are you looking for homes to rent in Sugarloaf? If so, the average rent price paid by renters in Sugarloaf is 931, according to recent statistics.


Diversity And Demographics In Sugarloaf, Pennsylvania

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Sugarloaf, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Sugarloaf is 39.1, split between 45.6 percent male versus 54.4 female. The percentage of residents who report being married in Sugarloaf is 49.5, with an average family size of 2.96.

The percentage of residents who report their race in Sugarloaf is as follows:

White 93.5%
Black / African American 1.8%
Asian 1.7%
American Indian / Alaskan Native 0.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.3%
Other 0.8%

Looking for family-friendly neighborhoods in and/or near Sugarloaf? Or maybe you are searching for 55+ active adult communities in and/or near Sugarloaf?

The percentage of residents who report their age in Sugarloaf is as follows:

Under 10 10.8%
Aged 10-19 14.3%
20s 14.1%
30s 11.9%
40s 10.7%
50s 15%
60s 11.4%
70s 9.5%
80+ 2.4%

Best Schools In Sugarloaf, Pennsylvania

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Sugarloaf with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Sugarloaf.


Pros And Cons Of Living In Sugarloaf, Pennsylvania

How do you know that living in -- or moving to -- Sugarloaf is right where you need to be? Perhaps you grew up in Sugarloaf or already live nearby; therefore, the decision to buy a home in Sugarloaf is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Sugarloaf for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Sugarloaf:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Sugarloaf.


Reasons To Move To Sugarloaf, Pennsylvania, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Sugarloaf can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Sugarloaf, meanwhile, can field multiple offers from more qualified buyers.

Sugarloaf, PA City-owned Homes And Land


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