Shrub Oak, NY Foreclosures
How much do homes sell for in Shrub Oak, NY?
The average home price is currently $608,012.
What’s the average rental cost in Shrub Oak, NY?
The average rental price in Shrub Oak is $2,426.
What is the most expensive home in Shrub Oak?
The most expensive home sold in Shrub Oak had a price of $8,108,541.
What is currently the cheapest priced home in Shrub Oak, NY?
The cheapest home for sale in Shrub Oak is priced at $26,666.
Living in Shrub Oak, NY
Shrub Oak is a charming hamlet located in Westchester County, New York. It offers a suburban lifestyle with scenic beauty, access to parks, and family-friendly amenities. The area is known for its strong sense of community and proximity to urban conveniences in nearby towns.
Current Market Conditions in Shrub Oak, NY
The real estate market in Shrub Oak, NY has remained stable, with moderate price appreciation over the last few years. Demand for homes in this area has grown due to its family-friendly environment and great school districts, making it an attractive choice for young families and professionals alike.
As of late 2023, the housing inventory is relatively low, leading to competitive bidding on homes. Many properties are selling quickly, often at or above the asking price, indicating a strong demand-supply dynamic.
Home Value Estimator For Shrub Oak, NY
There are currently 804 real estate properties
in Shrub Oak, NY,
with a median automated valuation model (AVM) price
of $581,616.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Shrub Oak, 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 Shrub Oak, NY,
is $608,012.00, with the most expensive house
in Shrub Oak, NY, topping out
at $8,108,541.00 and the cheapest home
in Shrub Oak, NY,
clocking in at $26,666.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Shrub Oak, NY!
Rent Prices
In Shrub Oak, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Shrub Oak, NY, is on
a rollercoaster ride. The
average rent price in Shrub Oak, NY,
is $2,426.00. Indeed, when looking to rent in
Shrub Oak, NY, you can expect to pay as little
as $1,090.00 or as much
as $3,720.00,
with the average rent median estimated to
be $2,460.00. The good news is that finding
an affordable and desirable property to rent in Shrub Oak, 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
