Jay, NY Foreclosures
How much do homes sell for in Jay, NY?
The average home price is currently $365,729.
In Jay, NY, how many homes are available?
There are currently 2 active home listings available in Jay.
What’s the average rental cost in Jay, NY?
The average rental price in Jay is $1,714.
What is the most expensive home in Jay?
The most expensive home sold in Jay had a price of $2,054,509.
What is currently the cheapest priced home in Jay, NY?
The cheapest home for sale in Jay is priced at $14,000.
Living in Jay, NY
Jay, NY is a picturesque town nestled in the Adirondacks, offering stunning natural scenery and abundant outdoor activities year-round. With a close-knit community and essential amenities, it provides an ideal setting for families and outdoor enthusiasts. Enjoy a tranquil lifestyle surrounded by lush mountains and pristine lakes, making it a perfect retreat from urban life.
Current Market Conditions in Jay, NY
The real estate market in Jay, NY has been stable with a slight increase in home prices over the last six months. The demand for homes has gained traction, particularly among those looking for vacation properties or a serene place to retire. While the inventory remains modest, newly constructed homes are beginning to appear, attracting both local buyers and out-of-state investors.
With the growing interest in rural living, the market in Jay is experiencing a shift, with properties being bought up quickly. Buyers are particularly attracted to the affordability compared to larger urban centers. However, the increasing demand has begun to push prices higher, making it an exciting yet challenging environment for new home buyers.
Home Value Estimator For Jay, NY
There are currently 999 real estate properties
in Jay, NY,
with a median automated valuation model (AVM) price
of $337,937.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Jay, 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 Jay, NY,
is $365,729.00, with the most expensive house
in Jay, NY, topping out
at $2,054,509.00 and the cheapest home
in Jay, NY,
clocking in at $14,000.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Jay, NY!
Rent Prices
In Jay, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Jay, NY, is on
a rollercoaster ride. The
average rent price in Jay, NY,
is $1,714.00. Indeed, when looking to rent in
Jay, NY, you can expect to pay as little
as $910.00 or as much
as $2,470.00,
with the average rent median estimated to
be $1,740.00. The good news is that finding
an affordable and desirable property to rent in Jay, 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
