Foreclosure Homes in Lakewood, NY 14750

Current Market Conditions in Lakewood, NY

The real estate market in Lakewood has been steadily improving over the past few years, with an increase in home values and a growing interest in the area due to its scenic views and family-oriented lifestyle. Buyers are attracted to the affordability of homes compared to nearby cities, and the market is favorable for sellers with limited inventory leading to competitive offers.

In the last few months, Lakewood has seen a shift towards more buyers entering the market, driven by rising interest in suburban living. This has resulted in a quicker turnover of properties, with homes typically selling within a few weeks of being listed.

Rent Prices In Lakewood, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lakewood, NY, is on a rollercoaster ride. The average rent price in Lakewood, NY, is $1,384.00. Indeed, when looking to rent in Lakewood, NY, you can expect to pay as little as $830.00 or as much as $2,220.00, with the average rent median estimated to be $1,360.00. The good news is that finding an affordable and desirable property to rent in Lakewood, 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.