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Foreclosures in Ridgway, PA

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5 Montmorenci-rd-Ridgway-PA-15853
Preforeclosure NEW
$148,410 EMV

Montmorenci Rd
Ridgway, PA 15853

3 Bed | 2 Bath

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Home Value Estimator For Ridgway, PA

There are currently 2,146 real estate properties in Ridgway, PA, with a median automated valuation model (AVM) price of $95,200.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Ridgway, 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 Ridgway, PA, is $108,391.00, with the most expensive house in Ridgway, PA, topping out at $649,800.00 and the cheapest home in Ridgway, PA, clocking in at $16,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Ridgway, PA!


Rent Prices In Ridgway, PA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ridgway, PA, is on a rollercoaster ride. The average rent price in Ridgway, PA, is $953.00. Indeed, when looking to rent in Ridgway, PA, you can expect to pay as little as $550.00 or as much as $1,940.00, with the average rent median estimated to be $920.00. The good news is that finding an affordable and desirable property to rent in Ridgway, 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.


Foreclosure Homes in Ridgway, PA

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Ridgway, PA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Ridgway, PA and much more. Save thousands at closing with home foreclosure listings in Ridgway, PA — up to 75% off market value!


Top Reasons To Live In Ridgway, PA In 2021

Ridgway is located in Elk, Pennsylvania, with an estimated municipal population of 3,751 residents. All of the best foreclosed homes for sale in Ridgway are located in the following zip code areas on Foreclosure.com: 15853. The estimated population per square kilometer (.62 miles) in Ridgway is 554.


Cost Of Living In Ridgway, PA

So, about how much do homes cost in Ridgway? The most recent median value of resident-owned homes in Ridgway is 75,212. An estimated 64.1 percent of households in Ridgway own their homes, with an average family size of 2.85. The median household income in Ridgway is 45,625, with17.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Ridgway, the median commute time of resident workers (in minutes) is 21.2. And last, but certainly not least, are you looking for homes to rent in Ridgway? If so, the average rent price paid by renters in Ridgway is 590, according to recent statistics.


Diversity And Demographics In Ridgway, 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 Ridgway, 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 Ridgway is 38.5, split between 53.4 percent male versus 46.6 female. The percentage of residents who report being married in Ridgway is 46.6, with an average family size of 2.85.

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

White 94.4%
Black / African American 3%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.2%
Other 0.4%

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

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

Under 10 13%
Aged 10-19 11%
20s 16.2%
30s 12.4%
40s 9.8%
50s 16.6%
60s 11.7%
70s 3.9%
80+ 5.1%

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


Pros And Cons Of Living In Ridgway, Pennsylvania

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

  • 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 Ridgway.


Reasons To Move To Ridgway, Pennsylvania, In 2021

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

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