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Foreclosure Homes in Gowanda, NY

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Gowanda, NY Foreclosures

How much do homes sell for in Gowanda, NY?
The average home price is currently $201,137.
In Gowanda, NY, how many homes are available?
There are currently 8 active home listings available in Gowanda.
What’s the average rental cost in Gowanda, NY?
The average rental price in Gowanda is $1,106.
What is the most expensive home in Gowanda?
The most expensive home sold in Gowanda had a price of $25,689,039.
What is currently the cheapest priced home in Gowanda, NY?
The cheapest home for sale in Gowanda is priced at $12,887.

Living in Gowanda, NY

Gowanda is a small village located in Cattaraugus County, New York, known for its rich history and quaint charm. Nestled among the scenic beauty of Western New York, this peaceful community offers a relaxed pace of life with easy access to outdoor recreation in nearby parks and lakes. Residents benefit from a close-knit atmosphere, making it an ideal place for families and individuals seeking a quiet lifestyle.

Current Market Conditions in Gowanda, NY

As of late 2023, Gowanda’s real estate market remains stable with a gradual increase in home values. The area is seeing an influx of buyers interested in affordable housing options, attracted by the small-town charm and access to natural amenities.

The market is relatively competitive with a limited supply of homes, leading to a balanced market where prices are beginning to climb in response to demand. This trend is attracting both developers and new residents who appreciate the area's potential for growth.

Home Value Estimator For Gowanda, NY

There are currently 2,006 real estate properties in Gowanda, NY, with a median automated valuation model (AVM) price of $161,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Gowanda, 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 Gowanda, NY, is $201,137.00, with the most expensive house in Gowanda, NY, topping out at $25,689,039.00 and the cheapest home in Gowanda, NY, clocking in at $12,887.00. In other words, there’s something for every potential homebuyer or savvy investor in Gowanda, NY!

Rent Prices In Gowanda, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gowanda, NY, is on a rollercoaster ride. The average rent price in Gowanda, NY, is $1,106.00. Indeed, when looking to rent in Gowanda, NY, you can expect to pay as little as $530.00 or as much as $2,160.00, with the average rent median estimated to be $1,100.00. The good news is that finding an affordable and desirable property to rent in Gowanda, 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.

Gowanda, NY Foreclosures


Market Trend for Gowanda, NY

Total Listings Available: 8

Market Values:

Home Prices from $12,887 to $25,689,039

Average Sales Price: $201,137

Rental Values:

Rental from $530 to $2,160

Average Rent Value: $1,106 / month

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