Mendon, NY Foreclosures
How much do homes sell for in Mendon, NY?
The average home price is currently $527,982.
In Mendon, NY, how many homes are available?
There are currently 3 active home listings available in Mendon.
What’s the average rental cost in Mendon, NY?
The average rental price in Mendon is $2,039.
What is the most expensive home in Mendon?
The most expensive home sold in Mendon had a price of $2,314,216.
What is currently the cheapest priced home in Mendon, NY?
The cheapest home for sale in Mendon is priced at $153,000.
Living in Mendon, NY
Mendon, New York, is a charming suburban town that offers a peaceful lifestyle while being conveniently located near major urban centers. With its excellent schools and family-friendly environment, it is an ideal place for families and individuals looking for a quiet retreat. The community boasts beautiful parks and a close-knit atmosphere, making it a desirable location for both new and long-time residents.
Current Market Conditions in Mendon, NY
The Mendon real estate market has shown steady growth over the past few years. Demand for homes remains high, driven by the area's desirable school district and overall quality of life. The mix of single-family homes and larger estates caters to various buyers, from young families to retirees. Recent trends indicate an increasing interest in home renovations, with many homeowners seeking to update their properties to enhance value.
As of late 2023, the real estate market in Mendon has experienced a slight slowdown compared to the previous year. However, homes that are well-priced and well-maintained continue to sell quickly. With inventory levels remaining relatively low, many buyers are competing for available homes, contributing to a robust, albeit slightly moderated, housing market.
Home Value Estimator For Mendon, NY
There are currently 458 real estate properties
in Mendon, NY,
with a median automated valuation model (AVM) price
of $484,121.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mendon, 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 Mendon, NY,
is $527,982.00, with the most expensive house
in Mendon, NY, topping out
at $2,314,216.00 and the cheapest home
in Mendon, NY,
clocking in at $153,000.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mendon, NY!
Rent Prices
In Mendon, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mendon, NY, is on
a rollercoaster ride. The
average rent price in Mendon, NY,
is $2,039.00. Indeed, when looking to rent in
Mendon, NY, you can expect to pay as little
as $1,040.00 or as much
as $2,740.00,
with the average rent median estimated to
be $2,030.00. The good news is that finding
an affordable and desirable property to rent in Mendon, 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.
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