Colwyn First-Time Homebuyer Report for January

Colwyn is a larger than average city in Pennsylvania with 2,546 residents. Also, it has seen a 4.2% increase in population over the last 10 years. Colwyn is an area where most people own their homes, with an ownership ratio of 56.7%. Heading the list of top schools in the city is Colwyn Elementary School.

Price Range

The median value of homes in Colwyn is $68,100, making it one of the lower priced areas in Pennsylvania. At the same time, the average list price of available homes is presently $60,329. The Colwyn market saw sales remain flat this week with four homes sold over the last 30 days but new listings fell to two.

Typical Dwelling

A three-bedroom townhouse valued around $48,576 is considered a typical dwelling in Colwyn. If a buyer was looking for a similar home, they would need good credit and a $9,715 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $235 and the property tax rate is $20.05 per $1,000 of taxable assessed value.

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

Data reported through 1/12/2017


Ask a local expert about this area:
RE/MAX Hometown Realtors
10 reviews
Level XR LLC
Snapped 1 home in this area
Artisan Realty
Snapped 11 homes in this area

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