Preforeclosure Homes in Waymart, PA

Current Market Conditions in Waymart, PA

The real estate market in Waymart has seen a steady increase in property values over the past year, thanks to growing interest from families relocating from more urban areas looking for quieter, affordable living. Homes in this area typically retain their value well, and the scenic surroundings appeal to buyers interested in rural living with access to nature. Short-term rentals have gained traction as tourists discover the area's charm, further stimulating local real estate activity.

As of recent months, Waymart's market has taken a slightly competitive turn, with a noticeable uptick in listings as homeowners are eager to consider moving due to the remote work trend. Entry-level homes still attract interest among first-time buyers, but higher-end properties are also gaining traction as more affluent buyers look towards the area for vacation homes.

Rent Prices In Waymart, PA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Waymart, PA, is on a rollercoaster ride. The average rent price in Waymart, PA, is $1,135.00. Indeed, when looking to rent in Waymart, PA, you can expect to pay as little as $540.00 or as much as $1,870.00, with the average rent median estimated to be $1,120.00. The good news is that finding an affordable and desirable property to rent in Waymart, 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.