There are currently 26 real estate properties in Wood, PA, with a median automated valuation model (AVM) price of $44,800.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Wood, 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 Wood, PA, is $52,441.00, with the most expensive house in Wood, PA, topping out at $113,446.00 and the cheapest home in Wood, PA, clocking in at $21,840.00. In other words, there’s something for every potential homebuyer or savvy investor in Wood, PA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Wood, PA, is on a rollercoaster ride. The average rent price in Wood, PA, is $762.00. Indeed, when looking to rent in Wood, PA, you can expect to pay as little as $550.00 or as much as $910.00, with the average rent median estimated to be $750.00. The good news is that finding an affordable and desirable property to rent in Wood, 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.
Wood is located in Huntingdon, Pennsylvania, with an estimated municipal population of 580 residents. All of the best foreclosed homes for sale in Wood are located in the following zip code areas on Foreclosure.com: 16674 16694. The estimated population per square kilometer (.62 miles) in Wood is 13.
So, about how much do homes cost in Wood? The most recent median value of resident-owned homes in Wood is 63,895. An estimated 77.1 percent of households in Wood own their homes, with an average family size of 3.12. The median household income in Wood is 45,156, with8.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Wood, the median commute time of resident workers (in minutes) is 50.4. And last, but certainly not least, are you looking for homes to rent in Wood? If so, the average rent price paid by renters in Wood is 842, 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 Wood, 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 Wood is 43.7, split between 47.6 percent male versus 52.4 female. The percentage of residents who report being married in Wood is 56.1, with an average family size of 3.12.
The percentage of residents who report their race in Wood is as follows:
| White | 96.9% |
| Black / African American | 1.6% |
| Asian | 0% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 1.6% |
| Other | 0% |
Looking for family-friendly neighborhoods in and/or near Wood? Or maybe you are searching for 55+ active adult communities in and/or near Wood?
The percentage of residents who report their age in Wood is as follows:
| Under 10 | 11.2% |
| Aged 10-19 | 12.4% |
| 20s | 11.6% |
| 30s | 10.5% |
| 40s | 11.2% |
| 50s | 13.8% |
| 60s | 13.8% |
| 70s | 11.4% |
| 80+ | 4.1% |
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 Wood with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Wood.
How do you know that living in -- or moving to -- Wood is right where you need to be? Perhaps you grew up in Wood or already live nearby; therefore, the decision to buy a home in Wood is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Wood 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 Wood:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Wood.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Wood can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Wood, meanwhile, can field multiple offers from more qualified buyers.
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