There are currently 101 real estate properties in Cambridge Springs, PA, with a median automated valuation model (AVM) price of $185,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cambridge Springs, 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 Cambridge Springs, PA, is $199,595.00, with the most expensive house in Cambridge Springs, PA, topping out at $785,000.00 and the cheapest home in Cambridge Springs, PA, clocking in at $44,900.00. In other words, there’s something for every potential homebuyer or savvy investor in Cambridge Springs, PA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cambridge Springs, PA, is on a rollercoaster ride. The average rent price in Cambridge Springs, PA, is $1,186.00. Indeed, when looking to rent in Cambridge Springs, PA, you can expect to pay as little as $740.00 or as much as $2,000.00, with the average rent median estimated to be $1,140.00. The good news is that finding an affordable and desirable property to rent in Cambridge Springs, 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Cambridge Springs, PA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Cambridge Springs, PA and much more. Save thousands at closing with home foreclosure listings in Cambridge Springs, PA — up to 75% off market value!
Cambridge Springs is located in Crawford, Pennsylvania, with an estimated municipal population of 2,667 residents. All of the best foreclosed homes for sale in Cambridge Springs are located in the following zip code areas on Foreclosure.com: 16403. The estimated population per square kilometer (.62 miles) in Cambridge Springs is 1,181.
So, about how much do homes cost in Cambridge Springs? The most recent median value of resident-owned homes in Cambridge Springs is 84,173. An estimated 54.1 percent of households in Cambridge Springs own their homes, with an average family size of 2.86. The median household income in Cambridge Springs is 46,776, with13.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Cambridge Springs, the median commute time of resident workers (in minutes) is 24.9. And last, but certainly not least, are you looking for homes to rent in Cambridge Springs? If so, the average rent price paid by renters in Cambridge Springs is 583, according to recent statistics.
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 Cambridge Springs, 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 Cambridge Springs is 37.1, split between 30.1 percent male versus 69.9 female. The percentage of residents who report being married in Cambridge Springs is 32.1, with an average family size of 2.86.
The percentage of residents who report their race in Cambridge Springs is as follows:
White | 85.6% |
Black / African American | 8.3% |
Asian | 0.8% |
American Indian / Alaskan Native | 0% |
Native Hawaiian / Other Pacifc Islander | 0% |
Multi-racial | 3.3% |
Other | 1.9% |
Looking for family-friendly neighborhoods in and/or near Cambridge Springs? Or maybe you are searching for 55+ active adult communities in and/or near Cambridge Springs?
The percentage of residents who report their age in Cambridge Springs is as follows:
Under 10 | 7.5% |
Aged 10-19 | 8.5% |
20s | 17.3% |
30s | 21.1% |
40s | 16.3% |
50s | 14% |
60s | 6.7% |
70s | 6% |
80+ | 2.5% |
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 Cambridge Springs with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Cambridge Springs.
How do you know that living in -- or moving to -- Cambridge Springs is right where you need to be? Perhaps you grew up in Cambridge Springs or already live nearby; therefore, the decision to buy a home in Cambridge Springs is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Cambridge Springs 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 Cambridge Springs:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Cambridge Springs.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Cambridge Springs can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Cambridge Springs, meanwhile, can field multiple offers from more qualified buyers.
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