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Foreclosure Homes in Lackawanna, NY

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Franklin-st-Lackawanna-NY-14218
Preforeclosure
$98,855 EMV

Franklin St
Lackawanna, NY 14218

6 Bed | 2 Bath | 2,400 Sq. Ft.

Lemon-st-Lackawanna-NY-14218
Preforeclosure
$64,005 EMV

Lemon St
Lackawanna, NY 14218

3 Bed | 1 Bath | 1,222 Sq. Ft.

Martin-rd-Lackawanna-NY-14218
Preforeclosure
$121,134 EMV

Martin Rd
Lackawanna, NY 14218

3 Bed | 1 Bath | 1,076 Sq. Ft.

35 Lemon-st-Lackawanna-NY-14218
As-Is Deal
$39,900 List Price

Lemon St
Lackawanna, NY 14218

3 Bed | 1 Bath

Displaying 1 - 4 of 4
 

Foreclosure Homes in Lackawanna, NY

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Lackawanna, NY area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Lackawanna, NY and much more. Save thousands at closing with home foreclosure listings in Lackawanna, NY — up to 75% off market value!


Top Reasons To Live In Lackawanna, NY In 2021

Lackawanna is located in Erie, New York, with an estimated municipal population of 17,720 residents. All of the best foreclosed homes for sale in Lackawanna are located in the following zip code areas on Foreclosure.com: 14218. The estimated population per square kilometer (.62 miles) in Lackawanna is 1,044.


Cost Of Living In Lackawanna, NY

So, about how much do homes cost in Lackawanna? The most recent median value of resident-owned homes in Lackawanna is 94,022. An estimated 54 percent of households in Lackawanna own their homes, with an average family size of 3.13. The median household income in Lackawanna is 38,289, with9.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Lackawanna, the median commute time of resident workers (in minutes) is 21.2. And last, but certainly not least, are you looking for homes to rent in Lackawanna? If so, the average rent price paid by renters in Lackawanna is 656, according to recent statistics.


Diversity And Demographics In Lackawanna, New York

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 Lackawanna, 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 Lackawanna is 37.7, split between 47.6 percent male versus 52.4 female. The percentage of residents who report being married in Lackawanna is 35.4, with an average family size of 3.13.

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

White 79.2%
Black / African American 11%
Asian 0.5%
American Indian / Alaskan Native 0.3%
Native Hawaiian / Other Pacifc Islander 0.2%
Multi-racial 5.2%
Other 3.6%

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

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

Under 10 15%
Aged 10-19 10.9%
20s 14.5%
30s 12.6%
40s 9.1%
50s 15.3%
60s 10.3%
70s 7.8%
80+ 4.7%

Best Schools In Lackawanna, New York

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


Pros And Cons Of Living In Lackawanna, New York

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

  • 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 Lackawanna.


Reasons To Move To Lackawanna, New York, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Lackawanna can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Lackawanna, meanwhile, can field multiple offers from more qualified buyers.

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