Foreclosure Homes in East Petersburg, PA

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East Petersburg, PA Foreclosures

How much do homes sell for in East Petersburg, PA?
The average home price is currently $306,567.
In East Petersburg, PA, how many homes are available?
There are currently 1,985 active home listings available in East Petersburg.
What’s the average rental cost in East Petersburg, PA?
The average rental price in East Petersburg is $1,389.
What is the most expensive home in East Petersburg, Pennsylvania?
The most expensive home sold in East Petersburg had a price of $1,872,674.
What is currently the cheapest priced home in East Petersburg, PA?
The cheapest home for sale in East Petersburg is priced at $17,864.

Home Value Estimator For East Petersburg, PA

There are currently 1,985 real estate properties in East Petersburg, PA, with a median automated valuation model (AVM) price of $291,250.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in East Petersburg, 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 East Petersburg, PA, is $306,567.00, with the most expensive house in East Petersburg, PA, topping out at $1,872,674.00 and the cheapest home in East Petersburg, PA, clocking in at $17,864.00. In other words, there’s something for every potential homebuyer or savvy investor in East Petersburg, PA!

Rent Prices In East Petersburg, PA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in East Petersburg, PA, is on a rollercoaster ride. The average rent price in East Petersburg, PA, is $1,389.00. Indeed, when looking to rent in East Petersburg, PA, you can expect to pay as little as $910.00 or as much as $3,190.00, with the average rent median estimated to be $1,360.00. The good news is that finding an affordable and desirable property to rent in East Petersburg, 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 East Petersburg, PA In 2024

East Petersburg is located in Lancaster, Pennsylvania, with an estimated municipal population of 4,504 residents. All of the best foreclosed homes for sale in East Petersburg are located in the following zip code areas on 17520. The estimated population per square kilometer (.62 miles) in East Petersburg is 1,439.

Cost Of Living In East Petersburg, PA

So, about how much do homes cost in East Petersburg? The most recent median value of resident-owned homes in East Petersburg is 181,603. An estimated 77.7 percent of households in East Petersburg own their homes, with an average family size of 2.82. The median household income in East Petersburg is 74,945, with22.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in East Petersburg, the median commute time of resident workers (in minutes) is 21.9. And last, but certainly not least, are you looking for homes to rent in East Petersburg? If so, the average rent price paid by renters in East Petersburg is 1,144, according to recent statistics.

Diversity And Demographics In East Petersburg, 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 East Petersburg, 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 East Petersburg is 44, split between 49.3 percent male versus 50.7 female. The percentage of residents who report being married in East Petersburg is 66, with an average family size of 2.82.

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

White 91.4%
Black / African American 4.6%
Asian 1.7%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.3%
Other 0%

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

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

Under 10 12.5%
Aged 10-19 9.4%
20s 9.2%
30s 12%
40s 14.8%
50s 16.1%
60s 14.3%
70s 7.3%
80+ 4.5%

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

Pros And Cons Of Living In East Petersburg, Pennsylvania

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

  • 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 East Petersburg.

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

East Petersburg, PA Foreclosures


Listing types in East Petersburg, PA

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