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Preforeclosure Homes in Penn Hills, PA

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5 View this home at Pershing St Penn Hills PA 15235
Preforeclosure
VIEW DETAILS
Pershing St
Penn Hills, PA 15235
Single-Family
|
2 |
1
|
600
AUCTION: 04-01-2024
Single-Family
|
2 |
1
|
600
5 View this home at Elias Dr Penn Hills PA 15235
Preforeclosure
VIEW DETAILS
Elias Dr
Penn Hills, PA 15235
Single-Family
|
3 |
1
|
1,026
AUCTION: 04-01-2024
Single-Family
|
3 |
1
|
1,026
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Home Value Estimator For Penn Hills, PA

There are currently 592 real estate properties in Penn Hills, PA, with a median automated valuation model (AVM) price of $162,302.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Penn Hills, 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 Penn Hills, PA, is $178,936.00, with the most expensive house in Penn Hills, PA, topping out at $1,029,548.00 and the cheapest home in Penn Hills, PA, clocking in at $21,222.00. In other words, there’s something for every potential homebuyer or savvy investor in Penn Hills, PA!


Rent Prices In Penn Hills, PA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Penn Hills, PA, is on a rollercoaster ride. The average rent price in Penn Hills, PA, is $1,239.00. Indeed, when looking to rent in Penn Hills, PA, you can expect to pay as little as $650.00 or as much as $2,640.00, with the average rent median estimated to be $1,170.00. The good news is that finding an affordable and desirable property to rent in Penn Hills, 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 Penn Hills, PA In 2024

Penn Hills is located in Allegheny, Pennsylvania, with an estimated municipal population of 41,317 residents. All of the best foreclosed homes for sale in Penn Hills are located in the following zip code areas on Foreclosure.com: 15235 15147. The estimated population per square kilometer (.62 miles) in Penn Hills is 834.


Cost Of Living In Penn Hills, PA

So, about how much do homes cost in Penn Hills? The most recent median value of resident-owned homes in Penn Hills is 95,217. An estimated 74.4 percent of households in Penn Hills own their homes, with an average family size of 2.86. The median household income in Penn Hills is 55,491, with18.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Penn Hills, the median commute time of resident workers (in minutes) is 31. And last, but certainly not least, are you looking for homes to rent in Penn Hills? If so, the average rent price paid by renters in Penn Hills is 829, according to recent statistics.


Diversity And Demographics In Penn Hills, 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 Penn Hills, 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 Penn Hills is 44.4, split between 47.9 percent male versus 52.1 female. The percentage of residents who report being married in Penn Hills is 46, with an average family size of 2.86.

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

White 54.8%
Black / African American 38.4%
Asian 0.3%
American Indian / Alaskan Native 0.1%
Native Hawaiian / Other Pacifc Islander 0.1%
Multi-racial 4.9%
Other 1.4%

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

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

Under 10 10.1%
Aged 10-19 11.2%
20s 12.1%
30s 11.8%
40s 11.7%
50s 14.1%
60s 15%
70s 8%
80+ 5.9%

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


Pros And Cons Of Living In Penn Hills, Pennsylvania

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

  • 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 Penn Hills.


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

Penn Hills, PA Preforeclosure Homes


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