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Rent To Own Homes in Broad Channel, NY

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Broad Channel, NY Foreclosures

How much do homes sell for in Broad Channel, NY?
The average home price is currently $599,595.
In Broad Channel, NY, how many homes are available?
There are currently 10 active home listings available in Broad Channel.
What’s the average rental cost in Broad Channel, NY?
The average rental price in Broad Channel is $1,903.
What is the most expensive home in Broad Channel?
The most expensive home sold in Broad Channel had a price of $2,849,700.
What is currently the cheapest priced home in Broad Channel, NY?
The cheapest home for sale in Broad Channel is priced at $10,879.

Living in Broad Channel, NY

Broad Channel, NY, is a charming residential community in Queens known for its picturesque waterways and suburban ambiance. Ideal for families, it offers convenient access to parks, local amenities, and public transportation to the bustling areas of New York City. The community is perfect for anyone looking for a peaceful retreat with the vibrancy of city life just a stone's throw away.

Current Market Conditions in Broad Channel, NY

Broad Channel's real estate market has seen a stable trend with a slight increase in home values over the past year. The unique nature of its location along the water has kept demand high among buyers looking for serenity near city conveniences.

In recent months, there has been a noticeable increase in the number of buyers lured by the outdoor lifestyle and affordability compared to other parts of Queens. However, inventory remains low, making it a competitive market for home seekers.

Home Value Estimator For Broad Channel, NY

There are currently 1,168 real estate properties in Broad Channel, NY, with a median automated valuation model (AVM) price of $544,642.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Broad Channel, 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 Broad Channel, NY, is $599,595.00, with the most expensive house in Broad Channel, NY, topping out at $2,849,700.00 and the cheapest home in Broad Channel, NY, clocking in at $10,879.00. In other words, there’s something for every potential homebuyer or savvy investor in Broad Channel, NY!

Rent Prices In Broad Channel, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Broad Channel, NY, is on a rollercoaster ride. The average rent price in Broad Channel, NY, is $1,903.00. Indeed, when looking to rent in Broad Channel, NY, you can expect to pay as little as $1,440.00 or as much as $3,130.00, with the average rent median estimated to be $1,900.00. The good news is that finding an affordable and desirable property to rent in Broad Channel, 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.

Broad Channel, NY Rent To Own Homes

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