There are currently 230 real estate properties in Dunmore, PA, with a median automated valuation model (AVM) price of $198,400.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Dunmore, 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 Dunmore, PA, is $228,375.00, with the most expensive house in Dunmore, PA, topping out at $1,876,100.00 and the cheapest home in Dunmore, PA, clocking in at $70,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Dunmore, PA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Dunmore, PA, is on a rollercoaster ride. The average rent price in Dunmore, PA, is $1,126.00. Indeed, when looking to rent in Dunmore, PA, you can expect to pay as little as $800.00 or as much as $1,850.00, with the average rent median estimated to be $1,100.00. The good news is that finding an affordable and desirable property to rent in Dunmore, 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 Dunmore, PA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Dunmore, PA and much more. Save thousands at closing with home foreclosure listings in Dunmore, PA — up to 75% off market value!
Dunmore is located in Lackawanna, Pennsylvania, with an estimated municipal population of 12,954 residents. All of the best foreclosed homes for sale in Dunmore are located in the following zip code areas on Foreclosure.com: 18509 18510 18505 18512 18577. The estimated population per square kilometer (.62 miles) in Dunmore is 560.
So, about how much do homes cost in Dunmore? The most recent median value of resident-owned homes in Dunmore is 159,933. An estimated 65.6 percent of households in Dunmore own their homes, with an average family size of 3. The median household income in Dunmore is 59,806, with27 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Dunmore, the median commute time of resident workers (in minutes) is 17.8. And last, but certainly not least, are you looking for homes to rent in Dunmore? If so, the average rent price paid by renters in Dunmore is 792, 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 Dunmore, 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 Dunmore is 42.9, split between 47.4 percent male versus 52.6 female. The percentage of residents who report being married in Dunmore is 46.6, with an average family size of 3.
The percentage of residents who report their race in Dunmore is as follows:
|Black / African American||1.3%|
|American Indian / Alaskan Native||0.1%|
|Native Hawaiian / Other Pacifc Islander||0.1%|
Looking for family-friendly neighborhoods in and/or near Dunmore? Or maybe you are searching for 55+ active adult communities in and/or near Dunmore?
The percentage of residents who report their age in Dunmore is as follows:
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 Dunmore with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Dunmore.
How do you know that living in -- or moving to -- Dunmore is right where you need to be? Perhaps you grew up in Dunmore or already live nearby; therefore, the decision to buy a home in Dunmore is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Dunmore 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 Dunmore:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Dunmore.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Dunmore can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Dunmore, meanwhile, can field multiple offers from more qualified buyers.