Foreclosure Homes in Katonah, NY 10536

Current Market Conditions in Katonah, NY

The real estate market in Katonah has remained competitive over the past year, with home prices generally increasing as demand for suburban homes rises. Buyers are attracted to the area's high-quality schools, scenic surroundings, and easy access to New York City. This demand has led to a decrease in inventory, making it a seller's market at present.

Trends indicate that homes in Katonah are selling faster than in previous years, and properties often receive multiple offers resulting in prices exceeding the listing price in some cases. The market is characterized by a mix of single-family homes, ranging from historic properties to newly built residences.

Rent Prices In Katonah, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Katonah, NY, is on a rollercoaster ride. The average rent price in Katonah, NY, is $3,965.00. Indeed, when looking to rent in Katonah, NY, you can expect to pay as little as $1,220.00 or as much as $6,700.00, with the average rent median estimated to be $3,850.00. The good news is that finding an affordable and desirable property to rent in Katonah, 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.