Chestnut Ridge, NY Foreclosures
How much do homes sell for in Chestnut Ridge, NY?
The average home price is currently $754,442.
What’s the average rental cost in Chestnut Ridge, NY?
The average rental price in Chestnut Ridge is $2,704.
What is the most expensive home in Chestnut Ridge?
The most expensive home sold in Chestnut Ridge had a price of $7,982,652.
What is currently the cheapest priced home in Chestnut Ridge, NY?
The cheapest home for sale in Chestnut Ridge is priced at $95,224.
Living in Chestnut Ridge, NY
Chestnut Ridge is a serene village in Rockland County, NY, offering a family-friendly environment with beautiful parks and a strong community spirit. The area is ideal for outdoor enthusiasts and provides easy access to public transportation for commuters. Residents enjoy diverse local amenities and a well-rated school system, making it a perfect place to call home.
Current Market Conditions in Chestnut Ridge, NY
The real estate market in Chestnut Ridge is currently experiencing a steady demand for homes, with a mix of single-family residences and luxury properties available. Prices are generally appreciating due to the area's desirable living conditions, proximity to major highways, and proximity to urban centers. The average days on the market have decreased, indicating that homes are selling quickly in this sought-after community.
Recent trends show an increase in home renovations and new constructions as families look to customize their living spaces. This trend is indicative of the area's growth, with more families and individuals choosing to settle in Chestnut Ridge, thus creating a competitive market environment.
Home Value Estimator For Chestnut Ridge, NY
There are currently 717 real estate properties
in Chestnut Ridge, NY,
with a median automated valuation model (AVM) price
of $670,579.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Chestnut Ridge, 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 Chestnut Ridge, NY,
is $754,442.00, with the most expensive house
in Chestnut Ridge, NY, topping out
at $7,982,652.00 and the cheapest home
in Chestnut Ridge, NY,
clocking in at $95,224.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Chestnut Ridge, NY!
Rent Prices
In Chestnut Ridge, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Chestnut Ridge, NY, is on
a rollercoaster ride. The
average rent price in Chestnut Ridge, NY,
is $2,704.00. Indeed, when looking to rent in
Chestnut Ridge, NY, you can expect to pay as little
as $1,600.00 or as much
as $4,600.00,
with the average rent median estimated to
be $2,730.00. The good news is that finding
an affordable and desirable property to rent in Chestnut Ridge, 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.