Mendon, NY Foreclosures
How much do homes sell for in Mendon, NY?
The average home price is currently $521,461.
In Mendon, NY, how many homes are available?
There are currently 1,011 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 $3,103,661.
What is currently the cheapest priced home in Mendon, NY?
The cheapest home for sale in Mendon is priced at $53,591.
Living in Mendon, NY
Mendon, located in Monroe County, New York, is a charming suburban town known for its scenic landscapes and family-friendly atmosphere. Residents enjoy a variety of outdoor activities, including hiking and biking in local parks. With its excellent school district and close-knit community, Mendon is an ideal place for families and individuals seeking a tranquil lifestyle while being just a short drive from Rochester.
Current Market Conditions in Mendon, NY
The real estate market in Mendon has been stable, with a slight increase in home prices over the past few months. The demand for properties remains steady, driven mostly by families looking for quality living spaces in a good school district. New listings are entering the market, balancing out with the demand, hence maintaining a competitive yet accessible market for buyers.
With the ongoing interest in suburban properties post-pandemic, Mendon remains an attractive option for both first-time homebuyers and those looking to invest in rental properties. The limited availability of homes due to high demand has encouraged multiple offers, particularly on well-maintained properties.
Home Value Estimator For Mendon, NY
There are currently 505 real estate properties
in Mendon, NY,
with a median automated valuation model (AVM) price
of $482,654.00. 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 $521,461.00, with the most expensive house
in Mendon, NY, topping out
at $3,103,661.00 and the cheapest home
in Mendon, NY,
clocking in at $53,591.00. 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.