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Bankruptcy Homes in Herkimer, NY

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Herkimer, NY Foreclosures

How much do homes sell for in Herkimer, NY?
The average home price is currently $174,641.
In Herkimer, NY, how many homes are available?
There are currently 8 active home listings available in Herkimer.
What’s the average rental cost in Herkimer, NY?
The average rental price in Herkimer is $1,036.
What is the most expensive home in Herkimer?
The most expensive home sold in Herkimer had a price of $7,473,749.
What is currently the cheapest priced home in Herkimer, NY?
The cheapest home for sale in Herkimer is priced at $12,500.

Living in Herkimer, NY

Herkimer, NY is a small yet vibrant town with a welcoming community spirit. It offers rich history, access to beautiful outdoor activities, and a commitment to education, making it ideal for families and nature lovers alike. With diverse amenities and historical charm, Herkimer fosters a unique small-town charm that many desire.

Current Market Conditions in Herkimer, NY

The real estate market in Herkimer is currently experiencing consistent growth, with an increasing demand for single-family homes. The affordability of homes compared to larger metropolitan areas makes Herkimer an attractive option for first-time home buyers and investors. Recent developments in local amenities have drawn more interest to the market, leading to a gradual rise in property values.

Home prices in Herkimer vary widely, with a healthy mix of affordable options and properties at premium prices due to their size and location. The market remains buoyant, supported by the town's appeal to both residents and investors looking for rental opportunities.

Home Value Estimator For Herkimer, NY

There are currently 5,546 real estate properties in Herkimer, NY, with a median automated valuation model (AVM) price of $147,278.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Herkimer, 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 Herkimer, NY, is $174,641.00, with the most expensive house in Herkimer, NY, topping out at $7,473,749.00 and the cheapest home in Herkimer, NY, clocking in at $12,500.00. In other words, there’s something for every potential homebuyer or savvy investor in Herkimer, NY!

Rent Prices In Herkimer, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Herkimer, NY, is on a rollercoaster ride. The average rent price in Herkimer, NY, is $1,036.00. Indeed, when looking to rent in Herkimer, NY, you can expect to pay as little as $670.00 or as much as $1,700.00, with the average rent median estimated to be $1,030.00. The good news is that finding an affordable and desirable property to rent in Herkimer, 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.

Herkimer, NY Bankruptcy Homes


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