Fairport, NY Foreclosures
How much do homes sell for in Fairport, NY?
The average home price is currently $419,526.
In Fairport, NY, how many homes are available?
There are currently 26 active home listings available in Fairport.
What’s the average rental cost in Fairport, NY?
The average rental price in Fairport is $1,891.
What is the most expensive home in Fairport?
The most expensive home sold in Fairport had a price of $38,775,440.
What is currently the cheapest priced home in Fairport, NY?
The cheapest home for sale in Fairport is priced at $48,530.
Living in Fairport, NY
Fairport, NY, is a picturesque village known for its historic charm and vibrant community. With its lovely downtown area along the Erie Canal, residents can enjoy diverse shopping, dining, and recreational options. Highly rated schools and a variety of parks make Fairport an ideal place for families and individuals alike.
Current Market Conditions in Fairport, NY
Fairport's real estate market has shown resilience in the face of economic changes, maintaining a steady demand for homes. The village's appeal, attributed to its suburban feel coupled with urban amenities, continues to attract buyers, keeping property values relatively stable. Many homes in the area are moderately priced, appealing to families and first-time buyers.
Recent years have seen a shift towards more upscale housing developments, while still accommodating affordable housing. This trend has attracted a diverse population, contributing to the village's vibrant community character. Fairport's proximity to Rochester adds to its desirability, maintaining a robust market.
Home Value Estimator For Fairport, NY
There are currently 14,915 real estate properties
in Fairport, NY,
with a median automated valuation model (AVM) price
of $391,359.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Fairport, 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 Fairport, NY,
is $419,526.00, with the most expensive house
in Fairport, NY, topping out
at $38,775,440.00 and the cheapest home
in Fairport, NY,
clocking in at $48,530.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Fairport, NY!
Rent Prices
In Fairport, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Fairport, NY, is on
a rollercoaster ride. The
average rent price in Fairport, NY,
is $1,891.00. Indeed, when looking to rent in
Fairport, NY, you can expect to pay as little
as $710.00 or as much
as $3,020.00,
with the average rent median estimated to
be $1,860.00. The good news is that finding
an affordable and desirable property to rent in Fairport, 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.