Cranberry Lake, NY Foreclosures
How much do homes sell for in Cranberry Lake, NY?
The average home price is currently $388,615.
In Cranberry Lake, NY, how many homes are available?
There are currently 121 active home listings available in Cranberry Lake.
What’s the average rental cost in Cranberry Lake, NY?
The average rental price in Cranberry Lake is $1,134.
What is the most expensive home in Cranberry Lake?
The most expensive home sold in Cranberry Lake had a price of $989,114.
What is currently the cheapest priced home in Cranberry Lake, NY?
The cheapest home for sale in Cranberry Lake is priced at $16,087.
Living in Cranberry Lake, NY
Cranberry Lake is a picturesque community located in the heart of the Adirondack Mountains. Popular for its stunning natural beauty, the area offers a blend of outdoor adventures and serene lakeside living. It’s a perfect escape for nature enthusiasts and those seeking a peaceful lifestyle.
Current Market Conditions in Cranberry Lake, NY
The real estate market in Cranberry Lake remains steady, with a growing interest in vacation homes and year-round residences. Property values are witnessing gradual appreciation due to the area's appeal as an outdoor playground and a retreat from urban life. The combination of affordability in some segments and the allure of luxury waterfront properties is drawing a diverse clientele.
As the demand for properties in rural and scenic settings increases, Cranberry Lake has become attractive to families and retirees alike, seeking more space and a connection to nature. This trend is expected to continue, bolstered by remote work flexibility and the search for more affordable living options.
Home Value Estimator For Cranberry Lake, NY
There are currently 60 real estate properties
in Cranberry Lake, NY,
with a median automated valuation model (AVM) price
of $391,934.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Cranberry Lake, 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 Cranberry Lake, NY,
is $388,615.00, with the most expensive house
in Cranberry Lake, NY, topping out
at $989,114.00 and the cheapest home
in Cranberry Lake, NY,
clocking in at $16,087.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Cranberry Lake, NY!
Rent Prices
In Cranberry Lake, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Cranberry Lake, NY, is on
a rollercoaster ride. The
average rent price in Cranberry Lake, NY,
is $1,134.00. Indeed, when looking to rent in
Cranberry Lake, NY, you can expect to pay as little
as $970.00 or as much
as $1,260.00,
with the average rent median estimated to
be $1,210.00. The good news is that finding
an affordable and desirable property to rent in Cranberry Lake, 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.