There are currently 686 real estate properties in Point Marion, PA, with a median automated valuation model (AVM) price of $127,910.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Point Marion, 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 Point Marion, PA, is $146,300.00, with the most expensive house in Point Marion, PA, topping out at $715,000.00 and the cheapest home in Point Marion, PA, clocking in at $9,072.00. In other words, there’s something for every potential homebuyer or savvy investor in Point Marion, PA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Point Marion, PA, is on a rollercoaster ride. The average rent price in Point Marion, PA, is $1,004.00. Indeed, when looking to rent in Point Marion, PA, you can expect to pay as little as $520.00 or as much as $1,980.00, with the average rent median estimated to be $960.00. The good news is that finding an affordable and desirable property to rent in Point Marion, 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.
Point Marion is located in Fayette, Pennsylvania, with an estimated municipal population of 1,098 residents. All of the best foreclosed homes for sale in Point Marion are located in the following zip code areas on Foreclosure.com: 15474. The estimated population per square kilometer (.62 miles) in Point Marion is 1,077.
So, about how much do homes cost in Point Marion? The most recent median value of resident-owned homes in Point Marion is 71,546. An estimated 67.1 percent of households in Point Marion own their homes, with an average family size of 2.89. The median household income in Point Marion is 53,313, with12.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Point Marion, the median commute time of resident workers (in minutes) is 26.5. And last, but certainly not least, are you looking for homes to rent in Point Marion? If so, the average rent price paid by renters in Point Marion is 850, according to recent statistics.
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 Point Marion, 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 Point Marion is 37.5, split between 45.9 percent male versus 54.1 female. The percentage of residents who report being married in Point Marion is 46.5, with an average family size of 2.89.
The percentage of residents who report their race in Point Marion is as follows:
|Black / African American
|American Indian / Alaskan Native
|Native Hawaiian / Other Pacifc Islander
Looking for family-friendly neighborhoods in and/or near Point Marion? Or maybe you are searching for 55+ active adult communities in and/or near Point Marion?
The percentage of residents who report their age in Point Marion is as follows:
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 Point Marion with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Point Marion.
How do you know that living in -- or moving to -- Point Marion is right where you need to be? Perhaps you grew up in Point Marion or already live nearby; therefore, the decision to buy a home in Point Marion is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Point Marion 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 Point Marion:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Point Marion.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Point Marion can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Point Marion, meanwhile, can field multiple offers from more qualified buyers.
Millions of people receive foreclosure alerts daily, don't miss out.