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Foreclosures in Lewis Run, PA

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View this home at Route 59 Lewis Run PA 16738
Preforeclosure
$120,827 EMV

| 1,194 Sq. Ft.

View this home at Route 59 Lewis Run PA 16738
Bankruptcy
$185,458 EMV
5 View this home at Main St Lewis Run PA 16738
Foreclosure
$106,719 EMV

4 Bed | 1 Bath | 1,690 Sq. Ft.

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Home Value Estimator For Lewis Run, PA

There are currently 560 real estate properties in Lewis Run, PA, with a median automated valuation model (AVM) price of $120,120.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lewis 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 Lewis Run, PA, is $139,681.00, with the most expensive house in Lewis Run, PA, topping out at $671,991.00 and the cheapest home in Lewis Run, PA, clocking in at $9,187.00. In other words, there’s something for every potential homebuyer or savvy investor in Lewis Run, PA!


Rent Prices In Lewis Run, PA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lewis Run, PA, is on a rollercoaster ride. The average rent price in Lewis Run, PA, is $859.00. Indeed, when looking to rent in Lewis Run, PA, you can expect to pay as little as $460.00 or as much as $1,520.00, with the average rent median estimated to be $820.00. The good news is that finding an affordable and desirable property to rent in Lewis 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 Lewis Run, PA In 2024

Lewis Run is located in McKean, Pennsylvania, with an estimated municipal population of 567 residents. All of the best foreclosed homes for sale in Lewis Run are located in the following zip code areas on Foreclosure.com: 16738. The estimated population per square kilometer (.62 miles) in Lewis Run is 125.


Cost Of Living In Lewis Run, PA

So, about how much do homes cost in Lewis Run? The most recent median value of resident-owned homes in Lewis Run is 86,853. An estimated 84.8 percent of households in Lewis Run own their homes, with an average family size of 2.55. The median household income in Lewis Run is 54,821, with20.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Lewis Run, the median commute time of resident workers (in minutes) is 17.4. And last, but certainly not least, are you looking for homes to rent in Lewis Run? If so, the average rent price paid by renters in Lewis Run is 658, according to recent statistics.


Diversity And Demographics In Lewis 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 Lewis 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 Lewis Run is 49.2, split between 49 percent male versus 51 female. The percentage of residents who report being married in Lewis Run is 61.3, with an average family size of 2.55.

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

White 96.6%
Black / African American 0.1%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.2%
Other 0%

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

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

Under 10 10%
Aged 10-19 10.1%
20s 9.1%
30s 8.9%
40s 13.1%
50s 22.5%
60s 15%
70s 4.2%
80+ 6.9%

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


Pros And Cons Of Living In Lewis Run, Pennsylvania

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


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

Lewis Run, PA Foreclosures


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