Bombay, NY Foreclosures
How much do homes sell for in Bombay, NY?
The average home price is currently $149,905.
In Bombay, NY, how many homes are available?
There are currently 2 active home listings available in Bombay.
What’s the average rental cost in Bombay, NY?
The average rental price in Bombay is $1,155.
What is the most expensive home in Bombay?
The most expensive home sold in Bombay had a price of $795,000.
What is currently the cheapest priced home in Bombay, NY?
The cheapest home for sale in Bombay is priced at $15,300.
Living in Bombay, NY
Bombay, NY is a charming small town located in Franklin County, surrounded by the breathtaking Adirondack Mountains. Known for its serene lifestyle and rich outdoor activities, it's an excellent location for families and retirees. With a strong sense of community and access to local amenities, Bombay offers a unique blend of peaceful living and engaging recreational opportunities.
Current Market Conditions in Bombay, NY
The real estate market in Bombay, NY has shown a steady demand for homes thanks to its attractive rural lifestyle and outdoor activities. Prices have remained relatively stable, making it an appealing location for both first-time homebuyers looking for affordable housing and those seeking vacation properties. The small-town charm and community atmosphere continue to draw interest from outside buyers looking for a serene escape.
Over recent months, there has been a notable trend toward increased interest in properties that offer more land and proximity to outdoor recreational areas. The market is showing signs of resilience despite broader economic fluctuations, with sellers receiving favorable offers on well-maintained homes.
Home Value Estimator For Bombay, NY
There are currently 301 real estate properties
in Bombay, NY,
with a median automated valuation model (AVM) price
of $137,147.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Bombay, NY, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Bombay, NY,
is $149,905.00, with the most expensive house
in Bombay, NY, topping out
at $795,000.00 and the cheapest home
in Bombay, NY,
clocking in at $15,300.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Bombay, NY!
Rent Prices
In Bombay, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Bombay, NY, is on
a rollercoaster ride. The
average rent price in Bombay, NY,
is $1,155.00. Indeed, when looking to rent in
Bombay, NY, you can expect to pay as little
as $770.00 or as much
as $1,930.00,
with the average rent median estimated to
be $1,160.00. The good news is that finding
an affordable and desirable property to rent in Bombay, NY
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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