Bankruptcy Homes in Clarks Summit, PA

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Home Value Estimator For Clarks Summit, PA

There are currently 3,244 real estate properties in Clarks Summit, PA, with a median automated valuation model (AVM) price of $286,400.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Clarks Summit, 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 Clarks Summit, PA, is $324,562.00, with the most expensive house in Clarks Summit, PA, topping out at $2,723,376.00 and the cheapest home in Clarks Summit, PA, clocking in at $39,050.00. In other words, there’s something for every potential homebuyer or savvy investor in Clarks Summit, PA!

Rent Prices In Clarks Summit, PA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Clarks Summit, PA, is on a rollercoaster ride. The average rent price in Clarks Summit, PA, is $1,376.00. Indeed, when looking to rent in Clarks Summit, PA, you can expect to pay as little as $710.00 or as much as $3,080.00, with the average rent median estimated to be $1,310.00. The good news is that finding an affordable and desirable property to rent in Clarks Summit, 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 Clarks Summit, PA In 2024

Clarks Summit is located in Lackawanna, Pennsylvania, with an estimated municipal population of 4,865 residents. All of the best foreclosed homes for sale in Clarks Summit are located in the following zip code areas on 18411. The estimated population per square kilometer (.62 miles) in Clarks Summit is 1,184.

Cost Of Living In Clarks Summit, PA

So, about how much do homes cost in Clarks Summit? The most recent median value of resident-owned homes in Clarks Summit is 213,954. An estimated 80.2 percent of households in Clarks Summit own their homes, with an average family size of 3.05. The median household income in Clarks Summit is 76,364, with29.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Clarks Summit, the median commute time of resident workers (in minutes) is 18.5. And last, but certainly not least, are you looking for homes to rent in Clarks Summit? If so, the average rent price paid by renters in Clarks Summit is 907, according to recent statistics.

Diversity And Demographics In Clarks Summit, 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 Clarks Summit, 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 Clarks Summit is 46.1, split between 47.2 percent male versus 52.8 female. The percentage of residents who report being married in Clarks Summit is 53.3, with an average family size of 3.05.

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

White 99.1%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0.2%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.8%
Other 0%

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

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

Under 10 13.3%
Aged 10-19 12.4%
20s 7.2%
30s 11.2%
40s 13.6%
50s 12.5%
60s 13%
70s 10.1%
80+ 6.5%

Best Schools In Clarks Summit, 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 Clarks Summit with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Clarks Summit.

Pros And Cons Of Living In Clarks Summit, Pennsylvania

How do you know that living in -- or moving to -- Clarks Summit is right where you need to be? Perhaps you grew up in Clarks Summit or already live nearby; therefore, the decision to buy a home in Clarks Summit is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Clarks Summit 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 Clarks Summit:

  • 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 Clarks Summit.

Reasons To Move To Clarks Summit, 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 Clarks Summit can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Clarks Summit, meanwhile, can field multiple offers from more qualified buyers.

Clarks Summit, PA Bankruptcy Homes


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