Mahopac, NY Foreclosures
How much do homes sell for in Mahopac, NY?
The average home price is currently $643,637.
In Mahopac, NY, how many homes are available?
There are currently 46 active home listings available in Mahopac.
What’s the average rental cost in Mahopac, NY?
The average rental price in Mahopac is $2,277.
What is the most expensive home in Mahopac?
The most expensive home sold in Mahopac had a price of $7,297,445.
What is currently the cheapest priced home in Mahopac, NY?
The cheapest home for sale in Mahopac is priced at $11,741.
Living in Mahopac, NY
Mahopac, NY is a serene hamlet in Putnam County, offering a charming small-town atmosphere with access to beautiful lakes and abundant outdoor activities. Its proximity to New York City makes it ideal for commuters, while its strong school district appeals to families. The local community is enriched by parks, recreational spots, and a variety of shops and restaurants.
Current Market Conditions in Mahopac, NY
The current real estate market in Mahopac is experiencing a steady increase in demand, with home values showing resilience against economic fluctuations. Over the past year, prices have risen slightly, reflecting the desirability of the area among homebuyers seeking a suburban lifestyle. Inventory remains limited, leading to competitive bidding among potential buyers, particularly for well-maintained properties in desirable neighborhoods.
Mahopac's market appears to be influenced by broader trends seen in Putnam County, where the appeal of suburban living, especially post-pandemic, has increased. The population is attracted to Mahopac's tranquil lifestyle, attractive schooling options, and ample outdoor spaces, making it a sought-after location for those looking to relocate from busier urban environments.
Home Value Estimator For Mahopac, NY
There are currently 8,858 real estate properties
in Mahopac, NY,
with a median automated valuation model (AVM) price
of $606,134.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mahopac, 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 Mahopac, NY,
is $643,637.00, with the most expensive house
in Mahopac, NY, topping out
at $7,297,445.00 and the cheapest home
in Mahopac, NY,
clocking in at $11,741.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mahopac, NY!
Rent Prices
In Mahopac, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mahopac, NY, is on
a rollercoaster ride. The
average rent price in Mahopac, NY,
is $2,277.00. Indeed, when looking to rent in
Mahopac, NY, you can expect to pay as little
as $1,240.00 or as much
as $6,500.00,
with the average rent median estimated to
be $2,260.00. The good news is that finding
an affordable and desirable property to rent in Mahopac, 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.