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Foreclosure Homes in Laurel Run, PA

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View this home at Quarry Rd Laurel Run PA 18706
Preforeclosure
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Quarry Rd
Laurel Run, PA 18706
Single-Family
AUCTION: 04-05-2024
Single-Family
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Laurel Run, PA Foreclosures

How much do homes sell for in Laurel Run, PA?
The average home price is currently $198,829.
In Laurel Run, PA, how many homes are available?
There are currently 132 active home listings available in Laurel Run.
What’s the average rental cost in Laurel Run, PA?
The average rental price in Laurel Run is $1,233.
What is the most expensive home in Laurel Run, Pennsylvania?
The most expensive home sold in Laurel Run had a price of $919,838.
What is currently the cheapest priced home in Laurel Run, PA?
The cheapest home for sale in Laurel Run is priced at $33,770.

Home Value Estimator For Laurel Run, PA

There are currently 132 real estate properties in Laurel Run, PA, with a median automated valuation model (AVM) price of $193,420.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Laurel Run, 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 Laurel Run, PA, is $198,829.00, with the most expensive house in Laurel Run, PA, topping out at $919,838.00 and the cheapest home in Laurel Run, PA, clocking in at $33,770.00. In other words, there’s something for every potential homebuyer or savvy investor in Laurel Run, PA!


Rent Prices In Laurel Run, PA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Laurel Run, PA, is on a rollercoaster ride. The average rent price in Laurel Run, PA, is $1,233.00. Indeed, when looking to rent in Laurel Run, PA, you can expect to pay as little as $640.00 or as much as $2,050.00, with the average rent median estimated to be $1,210.00. The good news is that finding an affordable and desirable property to rent in Laurel Run, 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 Laurel Run, PA In 2024

Laurel Run is located in Luzerne, Pennsylvania, with an estimated municipal population of 509 residents. All of the best foreclosed homes for sale in Laurel Run are located in the following zip code areas on Foreclosure.com: 18706. The estimated population per square kilometer (.62 miles) in Laurel Run is 37.


Diversity And Demographics In Laurel Run, 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 Laurel Run, 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 Laurel Run is 43.8, split between 53.9 percent male versus 46.1 female. The percentage of residents who report being married in Laurel Run is 45.6, with an average family size of 2.97.

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

White 96.7%
Black / African American 1.2%
Asian 0.5%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.6%
Other 0%

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

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

Under 10 4%
Aged 10-19 12.3%
20s 13.2%
30s 14%
40s 15.2%
50s 17.2%
60s 17.5%
70s 4.8%
80+ 1.7%

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


Pros And Cons Of Living In Laurel Run, Pennsylvania

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

  • 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 Laurel Run.


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

Laurel Run, PA Foreclosures


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