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Rent To Own Homes in Glen Lyon, PA

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Home Value Estimator For Glen Lyon, PA

There are currently 667 real estate properties in Glen Lyon, PA, with a median automated valuation model (AVM) price of $92,806.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Glen Lyon, 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 Glen Lyon, PA, is $107,232.00, with the most expensive house in Glen Lyon, PA, topping out at $610,016.00 and the cheapest home in Glen Lyon, PA, clocking in at $15,301.00. In other words, there’s something for every potential homebuyer or savvy investor in Glen Lyon, PA!


Rent Prices In Glen Lyon, PA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Glen Lyon, PA, is on a rollercoaster ride. The average rent price in Glen Lyon, PA, is $802.00. Indeed, when looking to rent in Glen Lyon, PA, you can expect to pay as little as $500.00 or as much as $1,530.00, with the average rent median estimated to be $770.00. The good news is that finding an affordable and desirable property to rent in Glen Lyon, 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 Glen Lyon, PA In 2024

Glen Lyon is located in Luzerne, Pennsylvania, with an estimated municipal population of 1,698 residents. All of the best foreclosed homes for sale in Glen Lyon are located in the following zip code areas on Foreclosure.com: 18617. The estimated population per square kilometer (.62 miles) in Glen Lyon is 197.


Cost Of Living In Glen Lyon, PA

So, about how much do homes cost in Glen Lyon? The most recent median value of resident-owned homes in Glen Lyon is 72,695. An estimated 59.3 percent of households in Glen Lyon own their homes, with an average family size of 3. The median household income in Glen Lyon is 37,667, with10.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Glen Lyon, the median commute time of resident workers (in minutes) is 30.8. And last, but certainly not least, are you looking for homes to rent in Glen Lyon? If so, the average rent price paid by renters in Glen Lyon is 700, according to recent statistics.


Diversity And Demographics In Glen Lyon, 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 Glen Lyon, 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 Glen Lyon is 40.9, split between 52.8 percent male versus 47.2 female. The percentage of residents who report being married in Glen Lyon is 43.7, with an average family size of 3.

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

White 88.2%
Black / African American 7%
Asian 0.3%
American Indian / Alaskan Native 0.4%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 4.1%

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

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

Under 10 7.5%
Aged 10-19 10.9%
20s 21.9%
30s 9.4%
40s 16.5%
50s 18.4%
60s 7.8%
70s 5.9%
80+ 1.8%

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


Pros And Cons Of Living In Glen Lyon, Pennsylvania

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

  • 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 Glen Lyon.


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

Glen Lyon, PA Rent To Own Homes


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