Leonia, NJ Foreclosures
How much do homes sell for in Leonia, NJ?
The average home price is currently $860,170.
In Leonia, NJ, how many homes are available?
There are currently 25 active home listings available in Leonia.
What’s the average rental cost in Leonia, NJ?
The average rental price in Leonia is $2,461.
What is the most expensive home in Leonia?
The most expensive home sold in Leonia had a price of $32,084,611.
What is currently the cheapest priced home in Leonia, NJ?
The cheapest home for sale in Leonia is priced at $60,818.
Living in Leonia, NJ
Leonia, NJ is a picturesque borough located in Bergen County, offering both suburban charm and easy access to New York City. With a strong sense of community, excellent schools, and plentiful recreational opportunities, it is ideal for families and professionals alike. The town is well-equipped with amenities and promotes an active lifestyle, making it a desirable place to call home.
Current Market Conditions in Leonia, NJ
The real estate market in Leonia, NJ has shown a steady increase in activity over the past few months, with demand for homes remaining strong. Buyers are drawn to the borough's excellent public schools and proximity to New York City, pushing home prices slightly upward. Currently, inventory levels have decreased, creating a competitive environment for buyers but also encouraging sellers to list their properties.
In recent years, Leonia has experienced a growing trend of young professionals and families moving into the area, contributing to a robust housing market. This influx has led to new developments and renovations of existing homes, modernizing the borough while maintaining its historical charm. As the borough's reputation as a desirable place to live continues to grow, real estate values are expected to see continued appreciation.
Home Value Estimator For Leonia, NJ
There are currently 2,541 real estate properties
in Leonia, NJ,
with a median automated valuation model (AVM) price
of $767,453.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Leonia, NJ, 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 Leonia, NJ,
is $860,170.00, with the most expensive house
in Leonia, NJ, topping out
at $32,084,611.00 and the cheapest home
in Leonia, NJ,
clocking in at $60,818.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Leonia, NJ!
Rent Prices
In Leonia, NJ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Leonia, NJ, is on
a rollercoaster ride. The
average rent price in Leonia, NJ,
is $2,461.00. Indeed, when looking to rent in
Leonia, NJ, you can expect to pay as little
as $1,520.00 or as much
as $3,560.00,
with the average rent median estimated to
be $2,480.00. The good news is that finding
an affordable and desirable property to rent in Leonia, NJ
-- 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.
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