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Foreclosure Homes in Hamburg, NY

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Hamburg, NY Foreclosures

How much do homes sell for in Hamburg, NY?
The average home price is currently $348,454.
In Hamburg, NY, how many homes are available?
There are currently 55 active home listings available in Hamburg.
What’s the average rental cost in Hamburg, NY?
The average rental price in Hamburg is $1,583.
What is the most expensive home in Hamburg?
The most expensive home sold in Hamburg had a price of $23,351,725.
What is currently the cheapest priced home in Hamburg, NY?
The cheapest home for sale in Hamburg is priced at $13,611.

Living in Hamburg, NY

Hamburg, NY is a quaint suburban town known for its welcoming community and rich amenities. Close to Lake Erie, it offers a perfect mix of outdoor recreation and local businesses, making it ideal for families and retirees. With solid schools and community-driven events, Hamburg is a charming place to call home.

Current Market Conditions in Hamburg, NY

The real estate market in Hamburg, NY has recently seen a significant uptick in activity, with homes selling faster than the previous year. The charming suburban lifestyle and affordable housing options have attracted a growing number of homebuyers, creating a competitive market landscape.

In the last quarter, homes have been selling at an average of 102% of the asking price, reflecting strong demand against limited inventory. Sellers are encouraged to list now to take advantage of the current market trends.

Home Value Estimator For Hamburg, NY

There are currently 16,220 real estate properties in Hamburg, NY, with a median automated valuation model (AVM) price of $321,267.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hamburg, 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 Hamburg, NY, is $348,454.00, with the most expensive house in Hamburg, NY, topping out at $23,351,725.00 and the cheapest home in Hamburg, NY, clocking in at $13,611.00. In other words, there’s something for every potential homebuyer or savvy investor in Hamburg, NY!

Rent Prices In Hamburg, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hamburg, NY, is on a rollercoaster ride. The average rent price in Hamburg, NY, is $1,583.00. Indeed, when looking to rent in Hamburg, NY, you can expect to pay as little as $690.00 or as much as $3,060.00, with the average rent median estimated to be $1,550.00. The good news is that finding an affordable and desirable property to rent in Hamburg, 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.

Hamburg, NY Foreclosures

Market Trend for Hamburg, NY

Total Listings Available: 55

Market Values:

Home Prices from $13,611 to $23,351,725

Average Sales Price: $348,454

Rental Values:

Rental from $690 to $3,060

Average Rent Value: $1,583 / month

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