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!
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.
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.
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% |
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.
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:
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.
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.
Millions of people receive foreclosure alerts daily, don't miss out.