Cheap Homes in Forty Fort, PA

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Forty Fort, PA Foreclosures

How much do homes sell for in Forty Fort, PA?
The average home price is currently $217,319.
In Forty Fort, PA, how many homes are available?
There are currently 634 active home listings available in Forty Fort.
What’s the average rental cost in Forty Fort, PA?
The average rental price in Forty Fort is $1,167.
What is the most expensive home in Forty Fort, Pennsylvania?
The most expensive home sold in Forty Fort had a price of $2,888,100.
What is currently the cheapest priced home in Forty Fort, PA?
The cheapest home for sale in Forty Fort is priced at $48,381.

Home Value Estimator For Forty Fort, PA

There are currently 634 real estate properties in Forty Fort, PA, with a median automated valuation model (AVM) price of $191,400.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Forty Fort, 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 Forty Fort, PA, is $217,319.00, with the most expensive house in Forty Fort, PA, topping out at $2,888,100.00 and the cheapest home in Forty Fort, PA, clocking in at $48,381.00. In other words, there’s something for every potential homebuyer or savvy investor in Forty Fort, PA!

Rent Prices In Forty Fort, PA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Forty Fort, PA, is on a rollercoaster ride. The average rent price in Forty Fort, PA, is $1,167.00. Indeed, when looking to rent in Forty Fort, PA, you can expect to pay as little as $680.00 or as much as $1,830.00, with the average rent median estimated to be $1,150.00. The good news is that finding an affordable and desirable property to rent in Forty Fort, 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 Forty Fort, PA In 2024

Forty Fort is located in Luzerne, Pennsylvania, with an estimated municipal population of 4,041 residents. All of the best foreclosed homes for sale in Forty Fort are located in the following zip code areas on 18704. The estimated population per square kilometer (.62 miles) in Forty Fort is 1,188.

Cost Of Living In Forty Fort, PA

So, about how much do homes cost in Forty Fort? The most recent median value of resident-owned homes in Forty Fort is 124,722. An estimated 69.6 percent of households in Forty Fort own their homes, with an average family size of 2.78. The median household income in Forty Fort is 70,370, with26.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Forty Fort, the median commute time of resident workers (in minutes) is 23.7. And last, but certainly not least, are you looking for homes to rent in Forty Fort? If so, the average rent price paid by renters in Forty Fort is 791, according to recent statistics.

Diversity And Demographics In Forty Fort, 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 Forty Fort, 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 Forty Fort is 43, split between 47.8 percent male versus 52.2 female. The percentage of residents who report being married in Forty Fort is 50, with an average family size of 2.78.

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

White 96.3%
Black / African American 0.7%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.3%
Other 2.7%

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

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

Under 10 9.3%
Aged 10-19 8.8%
20s 14.5%
30s 12.6%
40s 13.6%
50s 14.1%
60s 14.4%
70s 10.3%
80+ 2.2%

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

Pros And Cons Of Living In Forty Fort, Pennsylvania

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

  • 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 Forty Fort.

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

Cheap Homes in Forty Fort, PA


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