Minerva, NY Foreclosures
How much do homes sell for in Minerva, NY?
The average home price is currently $254,935.
In Minerva, NY, how many homes are available?
There are currently 29 active home listings available in Minerva.
What’s the average rental cost in Minerva, NY?
The average rental price in Minerva is $1,320.
What is the most expensive home in Minerva?
The most expensive home sold in Minerva had a price of $3,431,635.
What is currently the cheapest priced home in Minerva, NY?
The cheapest home for sale in Minerva is priced at $27,930.
Living in Minerva, NY
Minerva, NY, offers a tranquil lifestyle surrounded by stunning natural beauty in the Adirondack Mountains. It is a tight-knit community ideal for outdoor enthusiasts and those seeking a slow-paced life. The town has essential amenities and recreational facilities for all ages, making it a wonderful place to live.
Current Market Conditions in Minerva, NY
The real estate market in Minerva, NY, is relatively stable, with property prices reflecting the rural nature of the area. With the growing popularity of the Adirondack region for vacation homes and retirement properties, home values have seen a modest increase over the past year, driven by demand from both local buyers and those from out of state looking for a peaceful retreat.
Over the last few months, Minerva has experienced an uptick in interest, particularly from buyers looking for second homes or investment properties in scenic areas. The housing inventory is somewhat limited, which has led to more competitive bidding on desirable listings, particularly those near the lakes or with significant acreage.
Home Value Estimator For Minerva, NY
There are currently 352 real estate properties
in Minerva, NY,
with a median automated valuation model (AVM) price
of $212,120.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Minerva, 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 Minerva, NY,
is $254,935.00, with the most expensive house
in Minerva, NY, topping out
at $3,431,635.00 and the cheapest home
in Minerva, NY,
clocking in at $27,930.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Minerva, NY!
Rent Prices
In Minerva, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Minerva, NY, is on
a rollercoaster ride. The
average rent price in Minerva, NY,
is $1,320.00. Indeed, when looking to rent in
Minerva, NY, you can expect to pay as little
as $840.00 or as much
as $2,780.00,
with the average rent median estimated to
be $1,310.00. The good news is that finding
an affordable and desirable property to rent in Minerva, 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
