January's First-Time Homebuyer Report for Orrstown

Orrstown is a small city in Pennsylvania with 262 residents. Its population is also growing faster than others at a 10-year growth rate of 13.7%. Orrstown is an area where most people own their homes, with an ownership ratio of 60.2%. Topping the list of best schools in the city is Lurgan Elementary School.

Price Range

The median value of homes in Orrstown is $178,500, making it one of the most valuable areas in Pennsylvania. At the same time, the average list price of available homes is presently $244,521. The Orrstown market remains completely quiet as, once again this week, no sales were reported over the previous 30 days. Orrstown usually averages 0.3 sales per month.

Typical Dwelling

A three-bedroom detached home valued around $108,733 is considered a typical dwelling in Orrstown. If a buyer was looking for a similar home, they would need good credit and a $21,747 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $59 and the property tax rate is $12.07 per $1,000 of taxable assessed value.

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


Data reported through 1/12/2017

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