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702 Shepherd Rd, Farmington, PA, 15437

--beds
--baths
--sqft
$239,000
--price/sqft
$1,739/moest. monthly cost
$69,560/yrincome needed

About This Home

52 ACRES of beautiful mountain land with 2 streams that backs up to State Game Lands! Perfect for a weekend cabin or full time residency. Conveniently located just a few minutes from Route 40 for an easy commute to all area attractions!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

4/10
Wharton SchoolGrades K-54.0 mi
7/10
A J Mcmullen SchoolGrades 6-88.8 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Farm

Property

Details

  • Zoning: AGR
  • Zoning description: AGR

Features

  • Topography of land: Rolling
  • Residential vegetation: Wooded

Lot

  • Lot size: 52 Acres
  • Features: Rolling Slope,Wooded

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingModerate
  • Landslide
    LandslideModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Landslide
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters Across Pennsylvania Counties

Flood
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,208$14,496
Home Insurance *$92$1,104
Property Taxes $215$2,580
Electricity $224$2,692
Total$1,739$20,868
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$59,622/yr
40% on housing$52,170/yr
45% on housing$46,373/yr

Pennsylvania FAIR Plan Programs

Insurance Placement Facility of Pennsylvania/FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,982Commercial: 984
Total Premiums$5.34M
Total Exposure$1.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.5%
10.5%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: 2.8%
2.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 15437$213
Fayette County$105

vs Homes Sold Last Month

Median $/sqft

ZIP 15437$168
Fayette County$114

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-07Listed for sale$249,000
2025-12-02Listing removed$269,900
2025-10-21Price change$269,900
2025-07-27Price change$275,000
2025-01-18Price change$325,000
2024-12-02Listed for sale$350,000

For Sale by Agent

AgentRon Lovelace
BrokerageRE/MAX PROFESSIONALS

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