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Foreclosure Homes in Grand Island, NY

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Grand Island, NY Foreclosures

How much do homes sell for in Grand Island, NY?
The average home price is currently $409,439.
In Grand Island, NY, how many homes are available?
There are currently 28 active home listings available in Grand Island.
What’s the average rental cost in Grand Island, NY?
The average rental price in Grand Island is $1,779.
What is the most expensive home in Grand Island?
The most expensive home sold in Grand Island had a price of $5,335,698.
What is currently the cheapest priced home in Grand Island, NY?
The cheapest home for sale in Grand Island is priced at $32,949.

Living in Grand Island, NY

Grand Island, NY, offers a lovely suburban lifestyle with access to outdoor recreation by the Niagara River. It features excellent schools, a strong community feel, and convenience to both Buffalo and Niagara Falls. Residents enjoy parks, local shopping, and a variety of family-friendly activities.

Current Market Conditions in Grand Island, NY

The Grand Island real estate market remains competitive, with steady demand driving home prices upward. Inventory levels are currently lower than the previous year, resulting in multiple offers on properties. Buyers are seeking homes in the area due to its appealing suburban lifestyle, good schools, and proximity to attractions like Niagara Falls.

As more families look to relocate to Grand Island for its peaceful environment and community amenities, home values are projected to continue rising. The appeal of Grand Island's parks and recreational facilities adds to its charm, making it a desirable location for buyers.

New developments are also emerging, enhancing the appeal for prospective homeowners.

Home Value Estimator For Grand Island, NY

There are currently 7,658 real estate properties in Grand Island, NY, with a median automated valuation model (AVM) price of $377,797.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Grand Island, 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 Grand Island, NY, is $409,439.00, with the most expensive house in Grand Island, NY, topping out at $5,335,698.00 and the cheapest home in Grand Island, NY, clocking in at $32,949.00. In other words, there’s something for every potential homebuyer or savvy investor in Grand Island, NY!

Rent Prices In Grand Island, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Grand Island, NY, is on a rollercoaster ride. The average rent price in Grand Island, NY, is $1,779.00. Indeed, when looking to rent in Grand Island, NY, you can expect to pay as little as $610.00 or as much as $3,060.00, with the average rent median estimated to be $1,760.00. The good news is that finding an affordable and desirable property to rent in Grand Island, 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.

Grand Island, NY Foreclosures


Market Trend for Grand Island, NY

Total Listings Available: 28

Market Values:

Home Prices from $32,949 to $5,335,698

Average Sales Price: $409,439

Rental Values:

Rental from $610 to $3,060

Average Rent Value: $1,779 / month

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