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Foreclosures in Bombay, NY

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Bombay, NY Foreclosures

How much do homes sell for in Bombay, NY?
The average home price is currently $155,024.
In Bombay, NY, how many homes are available?
There are currently 62 active home listings available in Bombay.
What’s the average rental cost in Bombay, NY?
The average rental price in Bombay is $1,151.
What is the most expensive home in Bombay?
The most expensive home sold in Bombay had a price of $795,000.
What is currently the cheapest priced home in Bombay, NY?
The cheapest home for sale in Bombay is priced at $16,100.

Living in Bombay, NY

Bombay, NY is a small, peaceful community in Franklin County known for its natural beauty and rural charm. Surrounded by stunning landscapes and waterways, it provides an ideal setting for outdoor enthusiasts. The area features a close-knit community and a variety of recreational activities, perfect for those seeking tranquility and connection with nature.

Current Market Conditions in Bombay, NY

The real estate market in Bombay is characterized by a low inventory of homes, which has resulted in increased competition among buyers. Properties in this rural area tend to be priced affordably compared to urban settings, attracting buyers looking for value and the chance to enjoy a quieter lifestyle. The demand remains stable due to its appeal among both retirees and families seeking a peaceful environment.

Home Value Estimator For Bombay, NY

There are currently 314 real estate properties in Bombay, NY, with a median automated valuation model (AVM) price of $138,050.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Bombay, 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 Bombay, NY, is $155,024.00, with the most expensive house in Bombay, NY, topping out at $795,000.00 and the cheapest home in Bombay, NY, clocking in at $16,100.00. In other words, there’s something for every potential homebuyer or savvy investor in Bombay, NY!

Rent Prices In Bombay, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bombay, NY, is on a rollercoaster ride. The average rent price in Bombay, NY, is $1,151.00. Indeed, when looking to rent in Bombay, NY, you can expect to pay as little as $750.00 or as much as $1,930.00, with the average rent median estimated to be $1,160.00. The good news is that finding an affordable and desirable property to rent in Bombay, 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.

Bombay, NY Foreclosures


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