UPDATE: Prospective homebuyers in Cumberland County are seizing opportunities in the real estate market as multiple properties sold for $150,000 or less between November 17 and 23, 2023. This week’s transactions reveal affordable housing options that could significantly impact buyers facing rising costs in the current economy.
In an urgent move to highlight available inventory, we present a breakdown of the six most notable property sales recorded during this period. These homes not only fit within the budget but also provide ample living space, making them attractive options for families and individuals alike.
1. **$135,000** – The charming single-family home at 216 S. Third Street was sold for $135,000 on October 29. This property boasts 1,437 square feet of living space and was built in 1902. With a sizeable lot of 4,840 square feet, it offers a perfect blend of history and comfort.
2. **$115,000** – Another appealing option is the home at 200 W. Buckshutem Road, which changed ownership for $115,000 on October 29. Built in 1938, this detached house features a lot of 0.3 acres, making it ideal for first-time buyers.
3. **$80,000** – Located at 2530 Bacon Street, this single-family residence sold for $80,000 on October 28. Constructed in 1880, it sits on a generous 15,516 square-foot lot, appealing to buyers seeking space and potential.
4. **$36,000** – A remarkable deal was secured at 1190 Kay Place, where a home sold for just $36,000 on October 27. This property encompasses 1,596 square feet and is situated on a 0.3-acre lot, offering significant value at only $23 per square foot.
5. **$34,000** – Another noteworthy sale is the residence at 112 Cottage Street, which went for $34,000 on October 27. Built in 2008, this home spans 1,594 square feet and is set on a 7,018 square-foot lot.
6. **$20,000** – The most affordable option was the detached house at 5692 Robbins Ave, sold for an astonishing $20,000 on October 23. Built in 1989, this property offers 960 square feet of living space and includes a vast 2.0-acre lot.
These recent transactions highlight a significant trend in the Cumberland County real estate market, revealing a growing number of affordable housing opportunities for buyers. With ongoing economic challenges, these lower-priced homes could provide crucial options for families and individuals striving for stability.
As the market continues to evolve, prospective buyers should act quickly to seize these opportunities before they vanish. Homes priced under $150,000 in Cumberland County are not just a rarity; they represent hope for many seeking a place to call home during uncertain times.
Stay tuned for further updates as more properties hit the market and the dynamics of real estate continue to shift. Your next home could be waiting just around the corner!