Spencerport, NY Foreclosures
How much do homes sell for in Spencerport, NY?
The average home price is currently $354,297.
What’s the average rental cost in Spencerport, NY?
The average rental price in Spencerport is $1,621.
What is the most expensive home in Spencerport?
The most expensive home sold in Spencerport had a price of $9,752,286.
What is currently the cheapest priced home in Spencerport, NY?
The cheapest home for sale in Spencerport is priced at $19,391.
Living in Spencerport, NY
Spencerport, NY is a vibrant village that combines the charm of small-town living with the convenience of urban amenities. Residents enjoy a variety of local shops, a strong school system, and beautiful parks, making it a great place for families. With easy access to Rochester, Spencerport offers a perfect blend of rural and suburban lifestyles.
Current Market Conditions in Spencerport, NY
The real estate market in Spencerport is characterized by steady demand and moderate growth. Home prices have seen an increase over the past year, driven by the area's desirable qualities, such as family-friendly environments, excellent schools, and community amenities. The market is competitive, and homes often sell quickly, particularly those that are well-maintained and in desirable locations.
Inventory levels have remained relatively low, which continues to support rising home prices. Buyers are actively seeking homes in the area, leading to multiple offers on attractive properties. Overall, the Spencerport real estate market displays a healthy mix of single-family homes, townhouses, and new constructions, appealing to a wide range of buyers.
Home Value Estimator For Spencerport, NY
There are currently 6,219 real estate properties
in Spencerport, NY,
with a median automated valuation model (AVM) price
of $310,022.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Spencerport, 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 Spencerport, NY,
is $354,297.00, with the most expensive house
in Spencerport, NY, topping out
at $9,752,286.00 and the cheapest home
in Spencerport, NY,
clocking in at $19,391.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Spencerport, NY!
Rent Prices
In Spencerport, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Spencerport, NY, is on
a rollercoaster ride. The
average rent price in Spencerport, NY,
is $1,621.00. Indeed, when looking to rent in
Spencerport, NY, you can expect to pay as little
as $810.00 or as much
as $2,900.00,
with the average rent median estimated to
be $1,570.00. The good news is that finding
an affordable and desirable property to rent in Spencerport, 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.