Butternuts, NY Foreclosures
How much do homes sell for in Butternuts, NY?
The average home price is currently $191,826.
What’s the average rental cost in Butternuts, NY?
The average rental price in Butternuts is $1,056.
What is the most expensive home in Butternuts?
The most expensive home sold in Butternuts had a price of $412,705.
What is currently the cheapest priced home in Butternuts, NY?
The cheapest home for sale in Butternuts is priced at $41,242.
Living in Butternuts, NY
Butternuts, NY is a small and charming town in Otsego County, known for its friendly community and scenic landscapes. Residents enjoy a rural lifestyle with access to outdoor activities, local schools, and nearby amenities. The town embodies the essence of small-town living while providing a peaceful atmosphere for families and retirees.
Current Market Conditions in Butternuts, NY
The real estate market in Butternuts has shown steady growth over the past few years. Home prices have gradually increased, driven by demand from those seeking a quiet, rural lifestyle away from urban centers. The area attracts a mix of families, retirees, and weekend visitors, contributing to the demand for both primary residences and vacation homes.
Recent trends indicate a growing interest in properties that offer larger lots and outdoor space, appealing to buyers looking to embrace a more self-sufficient lifestyle. This trend is further enhanced by remote work opportunities that allow individuals to seek homes outside of traditional urban environments.
Home Value Estimator For Butternuts, NY
There are currently 53 real estate properties
in Butternuts, NY,
with a median automated valuation model (AVM) price
of $182,533.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Butternuts, 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 Butternuts, NY,
is $191,826.00, with the most expensive house
in Butternuts, NY, topping out
at $412,705.00 and the cheapest home
in Butternuts, NY,
clocking in at $41,242.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Butternuts, NY!
Rent Prices
In Butternuts, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Butternuts, NY, is on
a rollercoaster ride. The
average rent price in Butternuts, NY,
is $1,056.00. Indeed, when looking to rent in
Butternuts, NY, you can expect to pay as little
as $740.00 or as much
as $1,280.00,
with the average rent median estimated to
be $1,030.00. The good news is that finding
an affordable and desirable property to rent in Butternuts, 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
