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Preforeclosure Homes in Richfield Springs, NY

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Richfield Springs, NY Foreclosures

How much do homes sell for in Richfield Springs, NY?
The average home price is currently $249,990.
In Richfield Springs, NY, how many homes are available?
There are currently 3 active home listings available in Richfield Springs.
What’s the average rental cost in Richfield Springs, NY?
The average rental price in Richfield Springs is $1,037.
What is the most expensive home in Richfield Springs?
The most expensive home sold in Richfield Springs had a price of $6,741,475.
What is currently the cheapest priced home in Richfield Springs, NY?
The cheapest home for sale in Richfield Springs is priced at $11,285.

Living in Richfield Springs, NY

Richfield Springs, NY, is a picturesque small village in Otsego County that offers beautiful scenery, a tight-knit community, and access to outdoor activities. With its charming downtown area, local amenities, and commitment to education, it's an excellent place for families and individuals alike.

Current Market Conditions in Richfield Springs, NY

The real estate market in Richfield Springs is experiencing a steady increase in demand, driven by both local buyers and those looking for vacation homes. The area's affordability in comparison to larger urban centers has attracted new residents seeking a more relaxed lifestyle.

Many homes in the area are older and typically reflect historical architectural styles, which is appealing to buyers who appreciate vintage characteristics. Additionally, the local market is showing signs of growth with new construction projects starting to emerge.

Home Value Estimator For Richfield Springs, NY

There are currently 1,782 real estate properties in Richfield Springs, NY, with a median automated valuation model (AVM) price of $198,669.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Richfield Springs, 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 Richfield Springs, NY, is $249,990.00, with the most expensive house in Richfield Springs, NY, topping out at $6,741,475.00 and the cheapest home in Richfield Springs, NY, clocking in at $11,285.00. In other words, there’s something for every potential homebuyer or savvy investor in Richfield Springs, NY!

Rent Prices In Richfield Springs, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Richfield Springs, NY, is on a rollercoaster ride. The average rent price in Richfield Springs, NY, is $1,037.00. Indeed, when looking to rent in Richfield Springs, NY, you can expect to pay as little as $570.00 or as much as $4,490.00, with the average rent median estimated to be $1,000.00. The good news is that finding an affordable and desirable property to rent in Richfield Springs, 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.

Richfield Springs, NY Preforeclosure Homes


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