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Affordable Housing in Marathon, NY

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Marathon, NY Foreclosures

How much do homes sell for in Marathon, NY?
The average home price is currently $188,197.
In Marathon, NY, how many homes are available?
There are currently 3 active home listings available in Marathon.
What’s the average rental cost in Marathon, NY?
The average rental price in Marathon is $1,170.
What is the most expensive home in Marathon?
The most expensive home sold in Marathon had a price of $2,224,949.
What is currently the cheapest priced home in Marathon, NY?
The cheapest home for sale in Marathon is priced at $15,789.

Living in Marathon, NY

Marathon, NY is a serene small town that offers a peaceful lifestyle amidst beautiful natural scenery. It features diverse outdoor recreational opportunities, friendly community events, and a dedicated school district, making it a conducive environment for families. With essential amenities available, Marathon provides a good balance of rural charm and convenience.

Current Market Conditions in Marathon, NY

The real estate market in Marathon, NY is currently experiencing a steady increase in demand due to its attractive rural lifestyle and affordability compared to nearby urban areas. As more people seek a quieter life away from the hustle and bustle of cities, the interest in available properties continues to grow, making it a desirable location for both new homeowners and investors.

Recent trends indicate a shift towards increased property values along with a consistent interest from first-time homebuyers looking for affordable housing options. The market is characterized by a limited inventory of homes, which may create a competitive situation for prospective buyers.

Home Value Estimator For Marathon, NY

There are currently 1,342 real estate properties in Marathon, NY, with a median automated valuation model (AVM) price of $171,696.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Marathon, 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 Marathon, NY, is $188,197.00, with the most expensive house in Marathon, NY, topping out at $2,224,949.00 and the cheapest home in Marathon, NY, clocking in at $15,789.00. In other words, there’s something for every potential homebuyer or savvy investor in Marathon, NY!

Rent Prices In Marathon, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Marathon, NY, is on a rollercoaster ride. The average rent price in Marathon, NY, is $1,170.00. Indeed, when looking to rent in Marathon, NY, you can expect to pay as little as $660.00 or as much as $1,760.00, with the average rent median estimated to be $1,170.00. The good news is that finding an affordable and desirable property to rent in Marathon, 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.

Marathon, NY Affordable Housing


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