Dresden, NY Foreclosures
How much do homes sell for in Dresden, NY?
The average home price is currently $689,281.
What’s the average rental cost in Dresden, NY?
The average rental price in Dresden is $1,503.
What is the most expensive home in Dresden?
The most expensive home sold in Dresden had a price of $6,370,700.
What is currently the cheapest priced home in Dresden, NY?
The cheapest home for sale in Dresden is priced at $15,630.
Living in Dresden, NY
Dresden is a quaint village located on the eastern shores of Seneca Lake in the Finger Lakes region of New York. Known for its serene beauty, it offers a peaceful lifestyle with picturesque views and proximity to various outdoor activities. The community is tight-knit with a strong sense of local pride and offers essential amenities within a short drive.
Current Market Conditions in Dresden, NY
The real estate market in Dresden is experiencing a gradual increase in demand, particularly for homes near Seneca Lake. Many buyers are attracted to the village due to its serene environment and recreational opportunities. There has been noticeable interest from both local buyers and those seeking second homes or vacation properties, which has contributed to a competitive market.
Overall, properties in Dresden are often priced reasonably compared to neighboring towns, making it an attractive option for first-time buyers. The market dynamics are favoring sellers, with homes sometimes receiving multiple offers, particularly those with waterfront access or scenic views of the lake.
Home Value Estimator For Dresden, NY
There are currently 225 real estate properties
in Dresden, NY,
with a median automated valuation model (AVM) price
of $501,137.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Dresden, 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 Dresden, NY,
is $689,281.00, with the most expensive house
in Dresden, NY, topping out
at $6,370,700.00 and the cheapest home
in Dresden, NY,
clocking in at $15,630.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Dresden, NY!
Rent Prices
In Dresden, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Dresden, NY, is on
a rollercoaster ride. The
average rent price in Dresden, NY,
is $1,503.00. Indeed, when looking to rent in
Dresden, NY, you can expect to pay as little
as $650.00 or as much
as $2,980.00,
with the average rent median estimated to
be $1,420.00. The good news is that finding
an affordable and desirable property to rent in Dresden, 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.
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