There are currently 157 real estate properties in Elrama, PA, with a median automated valuation model (AVM) price of $119,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Elrama, 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 Elrama, PA, is $125,054.00, with the most expensive house in Elrama, PA, topping out at $482,400.00 and the cheapest home in Elrama, PA, clocking in at $49,600.00. In other words, there’s something for every potential homebuyer or savvy investor in Elrama, PA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Elrama, PA, is on a rollercoaster ride. The average rent price in Elrama, PA, is $1,052.00. Indeed, when looking to rent in Elrama, PA, you can expect to pay as little as $740.00 or as much as $1,840.00, with the average rent median estimated to be $1,040.00. The good news is that finding an affordable and desirable property to rent in Elrama, 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 Elrama, PA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Elrama, PA and much more. Save thousands at closing with home foreclosure listings in Elrama, PA — up to 75% off market value!
Elrama is located in Washington, Pennsylvania, with an estimated municipal population of 351 residents. All of the best foreclosed homes for sale in Elrama are located in the following zip code areas on Foreclosure.com: 15038. The estimated population per square kilometer (.62 miles) in Elrama is 911.
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 Elrama, 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 Elrama is 38.8, split between 36.8 percent male versus 63.2 female. The percentage of residents who report being married in Elrama is 69.9, with an average family size of 3.22.
The percentage of residents who report their race in Elrama is as follows:
|Black / African American||0%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Elrama? Or maybe you are searching for 55+ active adult communities in and/or near Elrama?
The percentage of residents who report their age in Elrama 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 Elrama with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Elrama.
How do you know that living in -- or moving to -- Elrama is right where you need to be? Perhaps you grew up in Elrama or already live nearby; therefore, the decision to buy a home in Elrama is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Elrama 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 Elrama:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Elrama.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Elrama can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Elrama, meanwhile, can field multiple offers from more qualified buyers.