Reasons to Move to Monroe County, NY
Prospective homebuyers are clearly taking advantage of the current interest rates and numerous government assistance programs. These interest rates mean homebuyers in Monroe County can now afford much more house for the same monthly payment compared to when rates are higher. Motivated and opportunistic sellers in Monroe County can field multiple offers from more qualified buyers, making it a dynamic market for both buyers and sellers.
What type of property to buy in Monroe County,
Our extensive database in Monroe County includes 30 preforeclosures, foreclosure auction properties, bankruptcies, REOs (real estate owned by lenders), and properties from HUD, VA, Fannie Mae, and other government agencies in Monroe County. We also feature listings from over 100 corporate sellers. Our information is updated daily, sourced directly from these entities, ensuring you receive the freshest and most accurate data. This meticulously compiled and organized collection makes your search as straightforward as possible. Only www.foreclosure.com offers this unparalleled, trustworthy resource, backed by our commitment to providing expert, authoritative, and up-to-date information. Visit our FAQ section to read more about the different listing types and how to purchase them.
Pros and Cons of Living in Monroe County, NY
How do you know that living in—or moving to— Monroe County is the right choice for you? Perhaps you grew up in Monroe County or already live nearby, making the decision to buy a home here a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Monroe County for work or just looking for a fresh start, understanding the neighborhood from afar (online) can be challenging and exhausting.
Here are some expert tips to consider when shopping for foreclosed homes for sale in Monroe County:
- Neighborhood Environment: Do you prefer a suburban, urban, or rural setting?
- Shopping and Dining: What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local), and businesses (small, big, mixed) would you like nearby?
- Leisure Activities: What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
- Commute: What type of commute (car, plane, home office) suits your lifestyle?
Creating a "Pros vs. Cons" list of what you need in a home and neighborhood is always a helpful step in making an informed decision. With expert insights and up-to-date market data from foreclosure.com, you can confidently explore the opportunities in Monroe County, .
Rochester, NY Foreclosures
How much do homes sell for in Rochester, NY?
The average home price is currently $276,423.
In Rochester, NY, how many homes are available?
There are currently 30 active home listings available in Rochester.
What’s the average rental cost in Rochester, NY?
The average rental price in Rochester is $1,435.
What is the most expensive home in Rochester?
The most expensive home sold in Rochester had a price of $241,626,912.
What is currently the cheapest priced home in Rochester, NY?
The cheapest home for sale in Rochester is priced at $10,023.
Living in Rochester, NY
Rochester, NY, offers a unique blend of rich history and modern living. Known for its dynamic cultural scene, the city provides ample recreational opportunities, top-notch educational institutions, and close-knit neighborhoods. Residents enjoy access to stunning parks, historical sites, and a burgeoning economy, making it an attractive place to call home.
Current Market Conditions in Rochester, NY
Rochester's real estate market has shown resilience, with steady growth in home values over the past few months. The city has experienced an influx of new residents, partly due to its affordable housing compared to other metropolitan areas in New York state. This demand is pushing the market toward a seller's landscape, as inventory levels remain low while buyer interest persists.
Home Value Estimator For Rochester, NY
There are currently 133,518 real estate properties
in Rochester, NY,
with a median automated valuation model (AVM) price
of $237,202.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Rochester, 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 Rochester, NY,
is $276,423.00, with the most expensive house
in Rochester, NY, topping out
at $241,626,912.00 and the cheapest home
in Rochester, NY,
clocking in at $10,023.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Rochester, NY!
Rent Prices
In Rochester, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Rochester, NY, is on
a rollercoaster ride. The
average rent price in Rochester, NY,
is $1,435.00. Indeed, when looking to rent in
Rochester, NY, you can expect to pay as little
as $600.00 or as much
as $3,880.00,
with the average rent median estimated to
be $1,370.00. The good news is that finding
an affordable and desirable property to rent in Rochester, 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.
Learn more on Foreclosure homes
