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Top Reasons To Live In Farrell, PA In 2024

Farrell is located in Mercer, Pennsylvania, with an estimated municipal population of 4,580 residents. All of the best foreclosed homes for sale in Farrell are located in the following zip code areas on Foreclosure.com: 16121. The estimated population per square kilometer (.62 miles) in Farrell is 781.


Cost Of Living In Farrell, PA

So, about how much do homes cost in Farrell? The most recent median value of resident-owned homes in Farrell is 54,038. An estimated 57 percent of households in Farrell own their homes, with an average family size of 2.88. The median household income in Farrell is 30,400, with5.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Farrell, the median commute time of resident workers (in minutes) is 20.9. And last, but certainly not least, are you looking for homes to rent in Farrell? If so, the average rent price paid by renters in Farrell is 715, according to recent statistics.


Diversity And Demographics In Farrell, 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 Farrell, 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 Farrell is 43.5, split between 43.3 percent male versus 56.7 female. The percentage of residents who report being married in Farrell is 30.1, with an average family size of 2.88.

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

White 48.3%
Black / African American 45.2%
Asian 0.4%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 4.6%
Other 1.4%

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

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

Under 10 10.8%
Aged 10-19 16.6%
20s 10.1%
30s 9%
40s 11.7%
50s 14.9%
60s 10.5%
70s 9.9%
80+ 6.5%

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


Pros And Cons Of Living In Farrell, Pennsylvania

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

  • 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 Farrell.


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

Farrell, PA Land Foreclosures


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