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As-is Deals in Lockport, NY 14094

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Lockport, NY Foreclosures

How much do homes sell for in Lockport, NY?
The average home price is currently $265,553.
In Lockport, NY, how many homes are available?
There are currently 64 active home listings available in Lockport.
What’s the average rental cost in Lockport, NY?
The average rental price in Lockport is $1,227.
What is the most expensive home in Lockport?
The most expensive home sold in Lockport had a price of $8,932,018.
What is currently the cheapest priced home in Lockport, NY?
The cheapest home for sale in Lockport is priced at $11,693.

Living in Lockport, NY

Lockport, NY is a vibrant city along the historic Erie Canal, known for its beautiful parks and strong community spirit. Residents enjoy easy access to various amenities, schools, and outdoor activities, making it an attractive location for families and professionals alike. The local economy is diverse, supporting a range of industries and small businesses.

Current Market Conditions in Lockport, NY

The real estate market in Lockport has shown consistent growth over the last year, with home prices gradually increasing due to rising demand. The city has become a desired location for those looking for affordable housing near larger urban areas, leading to a competitive market for buyers.

The current market conditions suggest a strong seller's market, where homes are selling quickly, often at or above the asking price. The increase in remote work has also seen more people relocating to Lockport for its balance of affordability and quality of life.

Home Value Estimator For Lockport, NY

There are currently 14,388 real estate properties in Lockport, NY, with a median automated valuation model (AVM) price of $242,250.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lockport, 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 Lockport, NY, is $265,553.00, with the most expensive house in Lockport, NY, topping out at $8,932,018.00 and the cheapest home in Lockport, NY, clocking in at $11,693.00. In other words, there’s something for every potential homebuyer or savvy investor in Lockport, NY!

Rent Prices In Lockport, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lockport, NY, is on a rollercoaster ride. The average rent price in Lockport, NY, is $1,227.00. Indeed, when looking to rent in Lockport, NY, you can expect to pay as little as $580.00 or as much as $4,230.00, with the average rent median estimated to be $1,200.00. The good news is that finding an affordable and desirable property to rent in Lockport, 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.

Lockport, NY 14094 As-is Deals

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