Foreclosure Homes in Rankin, PA

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Home Value Estimator For Rankin, PA

There are currently 97 real estate properties in Rankin, PA, with a median automated valuation model (AVM) price of $52,400.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Rankin, 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 Rankin, PA, is $56,886.00, with the most expensive house in Rankin, PA, topping out at $125,200.00 and the cheapest home in Rankin, PA, clocking in at $32,900.00. In other words, there’s something for every potential homebuyer or savvy investor in Rankin, PA!

Rent Prices In Rankin, PA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Rankin, PA, is on a rollercoaster ride. The average rent price in Rankin, PA, is $815.00. Indeed, when looking to rent in Rankin, PA, you can expect to pay as little as $530.00 or as much as $1,200.00, with the average rent median estimated to be $820.00. The good news is that finding an affordable and desirable property to rent in Rankin, 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.

Foreclosure Homes in Rankin, PA

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

Top Reasons To Live In Rankin, PA In 2021

Rankin is located in Allegheny, Pennsylvania, with an estimated municipal population of 2,027 residents. All of the best foreclosed homes for sale in Rankin are located in the following zip code areas on 15104. The estimated population per square kilometer (.62 miles) in Rankin is 1,790.

Cost Of Living In Rankin, PA

So, about how much do homes cost in Rankin? The most recent median value of resident-owned homes in Rankin is 50,000. An estimated 25.8 percent of households in Rankin own their homes, with an average family size of 3.05. The median household income in Rankin is 34,091, with4.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Rankin, the median commute time of resident workers (in minutes) is 30. And last, but certainly not least, are you looking for homes to rent in Rankin? If so, the average rent price paid by renters in Rankin is 613, according to recent statistics.

Diversity And Demographics In Rankin, 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 Rankin, 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 Rankin is 36, split between 43.6 percent male versus 56.4 female. The percentage of residents who report being married in Rankin is 22.1, with an average family size of 3.05.

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

White 15.6%
Black / African American 82.5%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.6%
Other 0.3%

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

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

Under 10 12.6%
Aged 10-19 13.9%
20s 15%
30s 17.4%
40s 15%
50s 13.5%
60s 8.3%
70s 2.8%
80+ 1.6%

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

Pros And Cons Of Living In Rankin, Pennsylvania

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

  • 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 Rankin.

Reasons To Move To Rankin, Pennsylvania, In 2021

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


Listing types in Rankin, PA

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