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Cheap Homes in Luzerne, PA

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Chapel-st-Wilkes-barre-PA-18702
Foreclosure
$42,075 EMV
Arch-st-Glen-lyon-PA-18617
Foreclosure
$50,065 EMV
Vine-st-Wilkes-barre-PA-18702
Foreclosure
$54,774 EMV
E-chestnut-st-Wilkes-barre-PA-18705
Foreclosure
$38,590 EMV
E-green-st-West-hazleton-PA-18202
Foreclosure
$50,320 EMV
S-main-st-Hanover-township-PA-18706
Foreclosure
$51,680 EMV
4th-st-Plymouth-PA-18651
Foreclosure
$36,465 EMV
Mclean-st-Wilkes-barre-PA-18702
Foreclosure
$40,290 EMV
Lawrence-st-Wilkes-barre-PA-18702
Foreclosure
$59,670 EMV
1 Exeter-ave-Exeter-PA-18643
Foreclosure
$29,900 List Price
Displaying 1 - 10 of 15

Foreclosure Homes in Luzerne, PA

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


Top Reasons To Live In Luzerne, PA In 2022

Luzerne is located in Fayette, Pennsylvania, with an estimated municipal population of 5,909 residents. All of the best foreclosed homes for sale in Luzerne are located in the following zip code areas on Foreclosure.com: 15475 15444 15463 15433 15447 15417 15410 15413 15450. The estimated population per square kilometer (.62 miles) in Luzerne is 77.


Cost Of Living In Luzerne, PA

So, about how much do homes cost in Luzerne? The most recent median value of resident-owned homes in Luzerne is 88,580. An estimated 88.1 percent of households in Luzerne own their homes, with an average family size of 2.89. The median household income in Luzerne is 52,326, with27.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Luzerne, the median commute time of resident workers (in minutes) is 29.


Diversity And Demographics In Luzerne, 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 Luzerne, 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 Luzerne is 44.3, split between 68.4 percent male versus 31.6 female. The percentage of residents who report being married in Luzerne is 34, with an average family size of 2.89.

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

White 76.8%
Black / African American 19.4%
Asian 0.3%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.8%
Other 0.7%

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

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

Under 10 4.1%
Aged 10-19 8.9%
20s 17.8%
30s 13.6%
40s 13.5%
50s 17.9%
60s 12.8%
70s 8.4%
80+ 3%

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


Pros And Cons Of Living In Luzerne, Pennsylvania

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

  • 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 Luzerne.


Reasons To Move To Luzerne, Pennsylvania, In 2022

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

Cheap Homes in Luzerne, PA


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