October's First-Time Homebuyer Report for Tamaqua

Tamaqua is older than the rest of Pennsylvania, with a median age of 40. It's much less affluent than average as well, with a median income of $33,342 per household. Condos and townhouses account for 26% of the area's current housing market. The best school in the city is Tamaqua Area Middle School.

Culture

A highly recommended place to eat in Tamaqua, according to Foursquare, is Sister's Cantina. If you like outdoor activities, some popular spots are Lake Hauto and Tamaqua YMCA.

Price Range

Homes in Tamaqua are generally less expensive than others in the state with a median home value of $75,700 and an average list price of $49,335. Over the last 30 days, four homes were sold in the Tamaqua market, holding even with last week's numbers. However, the market is still in a confirmed downward trend overall.

Typical Dwelling

The typical dwelling in Tamaqua is a three-bedroom townhouse worth about $40,350. To purchase a similar home, a buyer with good credit and a $8,070 cash down payment could obtain a mortgage with a 3.95% interest rate and a $297 monthly payment. The property tax rate is $14.88 per $1,000 of taxable assessed value.

Get started right now by checking out Tamaqua homes for sale or reviewing Tamaqua real estate trends.


Data reported through 10/13/2016

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