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Home Value Estimator For Factoryville, PA

There are currently 1,520 real estate properties in Factoryville, PA, with a median automated valuation model (AVM) price of $244,717.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Factoryville, 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 Factoryville, PA, is $291,273.00, with the most expensive house in Factoryville, PA, topping out at $2,575,065.00 and the cheapest home in Factoryville, PA, clocking in at $24,260.00. In other words, there’s something for every potential homebuyer or savvy investor in Factoryville, PA!


Rent Prices In Factoryville, PA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Factoryville, PA, is on a rollercoaster ride. The average rent price in Factoryville, PA, is $1,131.00. Indeed, when looking to rent in Factoryville, PA, you can expect to pay as little as $590.00 or as much as $2,350.00, with the average rent median estimated to be $1,110.00. The good news is that finding an affordable and desirable property to rent in Factoryville, 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 Factoryville, PA In 2024

Factoryville is located in Wyoming, Pennsylvania, with an estimated municipal population of 1,167 residents. All of the best foreclosed homes for sale in Factoryville are located in the following zip code areas on Foreclosure.com: 18419. The estimated population per square kilometer (.62 miles) in Factoryville is 580.


Cost Of Living In Factoryville, PA

So, about how much do homes cost in Factoryville? The most recent median value of resident-owned homes in Factoryville is 150,073. An estimated 68.9 percent of households in Factoryville own their homes, with an average family size of 3.16. The median household income in Factoryville is 54,943, with24 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Factoryville, the median commute time of resident workers (in minutes) is 22.6. And last, but certainly not least, are you looking for homes to rent in Factoryville? If so, the average rent price paid by renters in Factoryville is 588, according to recent statistics.


Diversity And Demographics In Factoryville, 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 Factoryville, 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 Factoryville is 24, split between 47.7 percent male versus 52.3 female. The percentage of residents who report being married in Factoryville is 32.9, with an average family size of 3.16.

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

White 87.6%
Black / African American 9.8%
Asian 0%
American Indian / Alaskan Native 0.2%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.8%
Other 0.7%

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

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

Under 10 10.4%
Aged 10-19 21.7%
20s 25.9%
30s 10.9%
40s 6.6%
50s 5.2%
60s 11.8%
70s 5.6%
80+ 1.9%

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


Pros And Cons Of Living In Factoryville, Pennsylvania

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

  • 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 Factoryville.


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

Factoryville, PA As-is Deals


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