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Rent To Own Homes in Bronx, NY

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Bronx, NY Foreclosures

How much do homes sell for in Bronx, NY?
The average home price is currently $728,066.
In Bronx, NY, how many homes are available?
There are currently 942 active home listings available in Bronx.
What’s the average rental cost in Bronx, NY?
The average rental price in Bronx is $2,253.
What is the most expensive home in Bronx?
The most expensive home sold in Bronx had a price of $179,874,912.
What is currently the cheapest priced home in Bronx, NY?
The cheapest home for sale in Bronx is priced at $10,455.

Living in Bronx, NY

Bronx, NY, is an eclectic borough known for its rich cultural diversity and vibrant urban life. It features attractions such as Yankee Stadium and the Bronx Zoo, along with beautiful parks and a variety of schools. Public transportation connects the Bronx well to Manhattan, adding convenience for commuters.

Current Market Conditions in Bronx, NY

The real estate market in the Bronx is currently experiencing a surge in demand as families and young professionals seek affordable housing options within commuting distance to Manhattan. The increased interest in the area has led to a rise in property values, which has benefited sellers but posed challenges for buyers. With several new developments underway, the housing market is expected to remain competitive.

In addition to residential growth, commercial properties are also on the rise due to the upsurge in local businesses establishing roots in the Bronx. This growth in commerce adds to the overall appeal of living in the area, balancing the residential needs with investment opportunities.

Home Value Estimator For Bronx, NY

There are currently 145,173 real estate properties in Bronx, NY, with a median automated valuation model (AVM) price of $579,765.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Bronx, 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 Bronx, NY, is $728,066.00, with the most expensive house in Bronx, NY, topping out at $179,874,912.00 and the cheapest home in Bronx, NY, clocking in at $10,455.00. In other words, there’s something for every potential homebuyer or savvy investor in Bronx, NY!

Rent Prices In Bronx, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bronx, NY, is on a rollercoaster ride. The average rent price in Bronx, NY, is $2,253.00. Indeed, when looking to rent in Bronx, NY, you can expect to pay as little as $990.00 or as much as $5,660.00, with the average rent median estimated to be $2,150.00. The good news is that finding an affordable and desirable property to rent in Bronx, 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.

Bronx, NY Rent To Own Homes

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