Homer, NY Foreclosures
How much do homes sell for in Homer, NY?
The average home price is currently $253,325.
In Homer, NY, how many homes are available?
There are currently 12 active home listings available in Homer.
What’s the average rental cost in Homer, NY?
The average rental price in Homer is $1,346.
What is the most expensive home in Homer?
The most expensive home sold in Homer had a price of $3,668,339.
What is currently the cheapest priced home in Homer, NY?
The cheapest home for sale in Homer is priced at $10,131.
Living in Homer, NY
Homer is a charming village located in Cortland County, New York, known for its picturesque landscapes and friendly community. With a small-town atmosphere, it features a range of historic architecture and close-knit neighborhoods. Residents enjoy access to outdoor activities and a diverse selection of local amenities.
Current Market Conditions in Homer, NY
The real estate market in Homer, NY, shows signs of stability, with a consistent demand for homes in the area. Prices have remained relatively steady, indicative of a steady buyer interest, particularly in family-sized homes and properties with outdoor spaces.
Over the past year, Homer has seen a slight increase in home sales and values, reflecting the broader trends in the Cortland County area. The demand for homes near recreational areas and schools has contributed positively to the market.
Current interest rates and financing options are encouraging first-time buyers to explore homes in Homer, which may further stimulate the local market.
Home Value Estimator For Homer, NY
There are currently 2,896 real estate properties
in Homer, NY,
with a median automated valuation model (AVM) price
of $213,713.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Homer, 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 Homer, NY,
is $253,325.00, with the most expensive house
in Homer, NY, topping out
at $3,668,339.00 and the cheapest home
in Homer, NY,
clocking in at $10,131.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Homer, NY!
Rent Prices
In Homer, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Homer, NY, is on
a rollercoaster ride. The
average rent price in Homer, NY,
is $1,346.00. Indeed, when looking to rent in
Homer, NY, you can expect to pay as little
as $710.00 or as much
as $2,760.00,
with the average rent median estimated to
be $1,340.00. The good news is that finding
an affordable and desirable property to rent in Homer, 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.
Learn more on Foreclosure homes
