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Rent To Own Homes in Addison, NY

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Addison, NY Foreclosures

How much do homes sell for in Addison, NY?
The average home price is currently $160,160.
In Addison, NY, how many homes are available?
There are currently 7 active home listings available in Addison.
What’s the average rental cost in Addison, NY?
The average rental price in Addison is $1,050.
What is the most expensive home in Addison?
The most expensive home sold in Addison had a price of $3,375,836.
What is currently the cheapest priced home in Addison, NY?
The cheapest home for sale in Addison is priced at $10,181.

Living in Addison, NY

Addison, NY is a serene small town known for its friendly community and beautiful natural surroundings. Surrounded by lush landscapes, it offers a peaceful environment perfect for families and retirees alike. The area is rich in recreational activities, from parks to riverside trails, making it ideal for outdoor enthusiasts.

Current Market Conditions in Addison, NY

The real estate market in Addison is currently stable, presenting opportunities for home buyers looking for affordable properties in a tranquil environment. The average home prices have held steady, making it an attractive option for first-time buyers and those seeking second homes in a quiet setting. As people continue to seek more space and affordable living options outside of larger cities, Addison is seeing gentle price increases in the market, particularly for single-family homes.

Recent trends indicate a growing interest in rural living, with houses in Addison seeing an influx of buyers who appreciate the town's charm and natural beauty. While inventory remains relatively low, demand has kept the market competitive, leading to swift sales for well-maintained properties.

Home Value Estimator For Addison, NY

There are currently 1,834 real estate properties in Addison, NY, with a median automated valuation model (AVM) price of $137,258.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Addison, 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 Addison, NY, is $160,160.00, with the most expensive house in Addison, NY, topping out at $3,375,836.00 and the cheapest home in Addison, NY, clocking in at $10,181.00. In other words, there’s something for every potential homebuyer or savvy investor in Addison, NY!

Rent Prices In Addison, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Addison, NY, is on a rollercoaster ride. The average rent price in Addison, NY, is $1,050.00. Indeed, when looking to rent in Addison, NY, you can expect to pay as little as $510.00 or as much as $2,140.00, with the average rent median estimated to be $1,040.00. The good news is that finding an affordable and desirable property to rent in Addison, 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.

Addison, NY Rent To Own Homes

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